Major-country relations are changing dramatically. Chinese academics and political leaders should conduct an in-depth analysis of what China faces. The United States has already started a new Cold War in regional and global industrial chains.

U.S.-China relations seem to hit a “new low” every other month, when instead both sides could be taking actionable steps to repair relations and move beyond petty squabbles on the world stage.

The U.S.-China relationship started with uncertainty, and the consequences of this rocky foundation are seen today.

It is counterproductive to set China and the ‘West’ up as rivals locked in an existential struggle over values. In light of the increasingly polarized views of the East and the West, it is crucial to steer clear of political absolutism to have a more truthful understanding and practical progress on a range of issues such as policy, education, health, etc.

Recent events in the Taiwan Strait have led to an outpouring of international concern regarding potential war between the United States and China. AI technology advancements, which these two superpowers are leaders in research, resources, and patents, would mean that the world has yet to see the most AI-driven conflict in history.

At this year’s Aspen Security Forum (which I co-chair) in July, China’s ambassador to the United States, Qin Gang, appealed for better understanding of his country. But there was considerable debate among the assembled experts about China’s objectives. President Xi Jinping has announced China’s intention to outpace America in critical technologies such as artificial intelligence and synthetic biology by 2030, and many analysts predict that China’s GDP (measured at market exchange rates) will surpass that of the US early in the next decade. Is China seeking to displace the US as the world’s leading power by the centenary of communist rule in 2049?

If China and the United States could identify specific collaborative projects, break the bottlenecks of international supply chains and provide assistance to countries suffering from shortages from food to energy, normal relations could be restored.

The most recent direct discussion between U.S. President Joseph Biden and Chinese President Xi Jinping was dominated by the Taiwan issue—which has become increasingly volatile and has returned to a central point of tension in the relationship. The telephone conversation allowed each president to restate their respective positions. Hopefully such an exchange will contribute to restraint, non-provocations, and stability between Beijing and Washington (although Taipei has its own agency and can cause instability).

The recent conversation offered an opportunity to manage bilateral relations from a strategic height. But because of domestic political strife in the U.S, there will likely be no letup in attempts to amplify “China threat” rhetoric.

Will the G20 foreign ministers meeting bring China-U.S. ties back on track? Only with continuous improvements in the overall bilateral atmosphere can any consensus on cooperation — and the stability of the world — be effectively guaranteed.