10-18-2021, 07:47 PM
Op-ed: Why the U.S.-China duo is the most significant, and potentially the most perilous, bilateral relationship in human history
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The U.S. and China represent the most significant – and potentially most perilous – bilateral relationship in human history. Given that reality, neither side is managing their rising tensions with adequate skill or durable strategy.
That’s the way Stephen Heintz of the Rockefeller Brothers Fund put it in a conversation with me a couple of days ago. It is also the subtext of conversations I’ve had with world leaders visiting Washington, D.C. this week for the IMF and World Bank meetings.
U.S.-Soviet relations defined the Cold War, with both sides fielding the unprecedented nuclear capability to devastate each other, and much more. Before that, the Anglo-American relationship was decisive, from intense U.S.-British competition in the 19th century to an alliance that prevented fascist victory during World War II in the 20th century.
Yet Heintz’s argument is compelling that U.S.-Chinese relations have a historically unique significance, based on their multi-dimensional nature that touches on just about every aspect of global affairs now and into the foreseeable future.
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