Key Fact

“There's been a dramatic shift in how the US foreign policy community understands China: its intentions and its capabilities. And this has led to a rethink and a reset of US policy. In both countries, analysts and members of the administrations have begun to ask the question whether we are in the midst of a new Cold War. So, how have we arrived at this point? It's a function of a dramatic shift in China's domestic and foreign policies under Xi Jinping in ways that directly challenge US values and interests. And it is the determination by the Trump administration that the traditional US approach to China, of engage but hedge, no longer is adequate to manage the bilateral relationship. Instead the administration has adopted a policy that I call “compete, counter, and contain.” The pandemic is not responsible for the downward trajectory in the US/China relationship, but it has greatly exacerbated bilateral tensions.”