Stephen Roach has long been one of Wall Street’s most influential economists. His work has appeared in academic journals, books, congressional testimony a

The thought of full-blown war with China has become mainstream in the aftermath of Russia’s Ukraine invasion. A potent mix of simmering animosity and economic concerns have created a heated climate that both sides need to take a step back from before the U.S. or China falls victim to the intoxicating pull of escalation.

On January 4, 2023, Ambassador Qin Gang, Minister of Foreign Affairs of China, published an article on The Washington Post. The following is the full text as posted on the website of the Chinese Embassy in the United States. On Dec 31, 2022, Qin, 56, was appointed the new foreign minister, replacing Wang Yi. Qin was named China's ambassador to the U.S. in 2021.

The ability authors, musicians, and filmmakers have to tell stories can transcend geopolitics, but the current state of U.S.-China affairs offers almost nothing in terms of a meeting ground for the creatives of either side to exchange ideas. Repairing the cross-Pacific relationship will only get harder if big thinkers and storytellers cannot find a way to communicate.

A review of China-U.S. relations in 2022 shows a shift toward a new duality in American strategic thinking that may dominate for a long time. Communication between national leaders has brought new hope for stability, but now the world is watching to see if their points of agreement can be put into practice.

The historic meeting between Joe Biden and Xi Jinping was short on resolutions, but gave promise for those hoping for a toned down approach to the bilateral tensions that have plagued the two nations since the middle of the 2010s.

Despite tensions between the U.S. and China on the economic and political fronts, leaders from both countries found some common ground during their recent meeting in Bali. Presidents Biden and Xi have reiterated their commitment to work together to address transnational challenges, avoid conflict with each other, and maintain open communication.

Join CSIS for this hybrid event — in-person and live online — to hear from Trustee Chair in Chinese Business & Economics Scott Kennedy, who will discuss the takeaways from his recent extended research trip to China, the first by someone from the Washington think tank community since the outbreak of the pandemic. He will be interviewed and engage in discussion with Peking University Professor Wang Jisi, Founding President of Peking University's Institute of International and Strategic Studies (IISS) and one of China’s leading authorities on U.S.-China relations. They will discuss developments in domestic Chinese society, U.S.-China relations, and potential pathways to improving the relationship. This event is the bookend event to the February 2022 CSIS event, “A Beijinger in Washington”.

Though Biden and Xi’s first face-to-face meeting since Biden’s presidential term began came with offers of civility and friendship, there remains much work to be done if the U.S.-China rivalry will be toned down within Biden’s first term.

Improved China-U.S. relations are within reach. The conciliatory statements by the two presidents, Xi Jinping and Joe Biden, as they met face to face on the sidelines of the G20 summit carve out a foothold that can be strengthened and expanded.