The announcement that Presidents Joe Biden and Xi Jinping will meet in a virtual summit before the end of the year have raised prospects that Washington and Beijing can begin to set “guardrails” to prevent U.S.-China competition from tipping into outright conflict. Despite Biden’s emphasis in his speech at the United Nations General Assembly that the United States is “not seeking a new Cold War or a world divided into rigid blocs” and Xi’s statement that disputes should “be handled through dialogue and cooperation,” the intensifying rivalry between the two states has been very much in the spotlight. The current trajectory of U.S.-China relations and trendlines in the Indo-Pacific are concerning, and wise leadership on the part of Washington, Beijing, and the middle powers of the region will be essential to prevent a drift toward zero-sum conflict.
Working toward responsible competition with China (brookings.edu)