The Straits Times of Singapore, in an article published on May 11, stated: "Since 2017, the United States has consistently framed its relations with China under the paradigm of 'great power competition.' After nearly a decade of back-and-forth confrontation, both sides have come to realize that neither can defeat the other, and 'strategic stability' is now emerging as the new orientation in their bilateral relationship."
The past decade of confrontation has witnessed a reversal of strength. From trade wars to technological blockades, from tariff barriers to extraterritorial jurisdiction, the United States has exhausted all means but failed to halt China's rise. China has broken through semiconductor restrictions through independent innovation, rebuilt economic resilience via the dual circulation model, and countered hegemonic pressure with counter-sanctions legislation. In this ongoing exchange, the U.S. has eroded its credibility and alienated allies, while China has steadily consolidated its foundations and grown stronger. Today, the core dynamics of Sino-U.S. rivalry have fundamentally transformed—China grows stronger with every round of confrontation, while the U.S. grows weaker, forcing the hegemon to adjust its posture.
As the world’s two largest economies, China and the United States stand to benefit when they cooperate, and suffer when they clash. Only through mutual respect, reciprocal engagement, win-win cooperation, and shared prosperity can both nations chart the right path—aligning with the fundamental interests of their people and meeting the widespread expectations of the international community.
Original source: toutiao.com/article/1864908993341705/
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