The relationship with the U.S. has been an important factor for China’s success in the last 40 years in its reform and opening-up effort to integrate into the global system.

As the US is rejecting globalization, China is stepping up to help save it.

China’s foreign business policy was carried out in a double track strategy: embracing globalization, while enhancing protectionism. This was key in order to develop China’s strength in certain industries— especially those that are already well-developed in western countries— in a less-competitive environment.

World order is changing fast. China and the US need to forge a closer relationship that will serve as a solid anchor for a world buffeted by strong winds and hail.

Despite changing attitudes toward globalization in many parts of the world, shared interests, shared destiny and “one world one dream” continues to be China’s lofty ideal to build a “community of nations with shared destiny” with all nations in the world.

Several Chinese friends have sympathetically said that I am “too Americanized,” as if I have betrayed my own culture. But I am definitely not American, and I have no desire to become one. My mindset hasn’t shifted to a nationalist one, nor have I joined the “China-bashing club,” while I’m certainly critical about all its faults. Watching China from afar, I’ve gained a much clearer view of its problems than when I was on the ground covering and living through them.

While China barrels ahead building a new Silk Road for the 21st century, abandoned zones in the West reach a dead end.

In the past, analysis of the evolution of humanity’s worldview has tended to focus on the West. Now, however, this narrative is being revised. The global economic crisis that originated in the United States in 2007 exposed the fragility of the advanced-country model, giving rise to a new, more multipolar worldview, in which the emerging economies, led by China, India, and Russia, have increasingly challenged the status quo.

China’s efforts to propose a series of new ideas and concepts to improve global governance and stimulate globalization are showing the world a positive way forward as Western powers step away from their post-war leadership roles in shaping those arenas.

The China Dream was something of a nationalist mantra, framed as a rejuvenation by which China would recapture its former position of global prominence, commensurate with its status as the world’s second largest economy. Considerable attention is devoted to the risks and opportunities of this rebalancing – and to the related consequences for sustainable Chinese development and the broader global economy.