The new president plans to combine the power of his country and his personal unpredictability to produce fear and anxiety, which he believes will lead to U.S. benefits and gains. This tactic could win in some cases in the short run, but it’s almost doomed strategically. It will not make the U.S. great again.

What we are witnessing today is not “the toss out of globalization” or “de-globalization”, but rather a new era or phase of globalization or “re-globalization” wherein greater and more complicated challenges become the order of the day. Therefore we need concerted efforts more than ever before to ascertain the big trends as well as individual difficulties and work out consensus and solutions for collective actions to “make globalization great again”. China has no option but to be in the fore front of globalization and global governance.

Humanity has to choose between pressing ahead with globalization and backpedaling. China’s president seized the moment to inject enthusiasm for economic globalization as it faces strong headwind from the US.

While the incoming Trump administration has stirred fears that it will direct the US in an inward direction, there is plenty of reason to think that the new president is pro-trade in ways that will re-shape but not destroy the global playing field.

Americans should understand that a harmonious, prosperous, powerful yet responsible United States constitutes part of the favorable external environment that China wishes to have. That understanding is also best for the well-being of both countries.

It is foreseeable that the “America first” policy will undermine the present global economic and geopolitical patterns, bringing uncertainty to the world. But so long as both sides give up the mentality of zero-sum rivalry and persist in cooperation, the Sino-US relationship will come through the current period of uncertainty and maintain the momentum of steady and healthy development.

Chinese President Xi Jinping, in his unprecedented appearance at the World Economic Forum in Davos, calls for new models of global growth, cooperation, governance and development.

The world was shaken up last year by events from populist movements to terrorism to shifting alliances. How major powers react to this volatility – and to each other – will determine if 2017 extends the chaos or shapes a new world order.

The contrast between a collapsing neo-liberalism of the west and the much-welcomed new development model espoused and practiced by China is not to be missed.

The U.S. has long used dialogue to prod China to act in a manner supportive of global norms and institutions. In 2005, then Undersecretary of State Robert Zoellick gave a speech where he called on China to start acting as a responsible stakeholder of the global governance regime. Some eleven years later, the lectured became the lecturer. Rather than the U.S. lecturing China, China is calling on the U.S. to act responsibly in relation to global trade and climate norms.