In the here and now of climate change, it is easy to lose sight of important signs of progress. China, the world’s biggest emitter of greenhouse gases, is a case in point. By changing its economic model, shifting its sources of fuel, developing new transportation systems, and embracing eco-friendly urbanization, China’s sustainability strategy is an example of global leadership that the rest of the world should consider very carefully. In the rush to demonize China over trade, the West has missed this point altogether.

Despite pressure from President Trump to leave China, American businesses appear to be reluctant to do so. After years of operating profitably in China, and with no viable alternative country to which to transfer operations – including the United States – American businesses will make the financially smart choice of staying put.

There are significant and worrisome cracks forming in the commercial relationship between the US and China; neither party should have to resort to large-scale actions like tariffs in order to remedy their trade disputes.

The approach to the current China-US disputes by the US administration is counterproductive. The US must not let falsehoods being spread about China interfere with the creation of productive strategies that would better solve these economic issues.

U.S. senators have proposed to bar China Unicom and China Telecom from doing business in the United States.

The elimination of tariffs, barriers and subsidies will not only promote fair market competition and end policy distortions but will also greatly enhance the competitive advantage of enterprises. China’s free trade zones should pay heed and embrace such reform.

High pressure from the United States hurts, but it won’t work in the long run. China doesn’t want the dispute to continue because there’s no good reason to damage two major economies and the world.

Waves of customers clamoring to get into the newly opened Costco in Shanghai demonstrates the continued appetite of the Chinese market for American goods and, more fundamentally, the mutual reliance of the two markets. Neither side can afford a complete “decoupling.” The two parties should reasonably manage their disputes for the benefit of their respective economies.

China and the United States have both been taking hard hits from their now 14-month trade war. How will the two countries proceed, and, more importantly, is the world truly in jeopardy now that the world’s two largest economies are faltering?

The “art” of many small deals could yield results in the US-China economic relationship, which is so complex that it defies a one-size-fits-all solution.