China has the potential to help Myanmar return to civilian governance while rehabilitating Beijing’s image on the global stage.

In light of various domestic pressures on both sides, neither China nor the U.S. has much room for compromise on a number of issues. Benign interaction won’t be achieved overnight. But, with care, it may yet be possible to repeat the “minuet” described by Henry Kissinger.

Easy as this may seem, patience has profound overtones. On the surface, the White House says it will take time to reset China policy. In truth, this indicates how tricky it is for America to handle the relationship. A tipping point is approaching, but leaders on both sides provide reason for cautious optimism.

A look at the new U.S. president’s actions in the early going of his administration offers many clues — and leaves some blind spots — about policy stances in a wide range of areas, including China. His choices for top cabinet-level positions and other senior leadership posts may be telling.

U.S. President Joe Biden has made clear that the U.S. wants to address trade issues with China according to international rules. China should agree on this point. But it’s far from clear what those are. A thorough update is needed.

U.S.-China relations have transformed throughout the past four years. Experts continue to ruminate on how rivalry and competition can be overcome to rebuild trust and cooperation.

President Biden recently gave his first speech on foreign policy after assuming office. While his speech focused more on competition with China, both China and the U.S. must establish ways to cooperate in order to co-exist.

The early Biden administration’s buzzword is “strategic competition” when it comes to China. Yet, with a litany of domestic problems at hand, true diplomacy may be sidelined, or worse, sacrificed to retain a positive outlook for Joe Biden’s domestic agenda.

Attempts to overturn ideological differences between China and the United States will not solve any of the challenges that lie in their bilateral relationship.

As the U.S. continues its financial blockade against China, China can respond by opening up to foreign financial institutions and achieve recoupling.