China and the United States of America have recently announced almost simultaneously the June 7-8 summit between President Xi Jinping and President Barack Obama at the Annenberg estate at Rancho Mirage, California, which has caught worldwide attention. No doubt, the forthcoming summit will have extraordinary importance to China-US relationship and to world stability and development.

Chinese President Xi Jinping will visit Trinidad and Tobago, Costa Rica and Mexico and hold a meeting with US President Barack Obama at Sunnylands, the Walter and Leonore Annenberg Estate in California. This will be a new important step in the full swing of Chinese diplomacy since the new leadership took office.

An earlier Xi-Obama summit, writes Qian Liwei, is expected to pave the way for a more positive, mature and predictable Sino-U.S. relations based on mutual respect, reciprocal benefit and win-win co-operation.

This is a crucial moment for Sino-U.S. relations, as heated debates about the future of this relationship rage in both countries -- debates characterized by downright pessimism, with only a sliver of optimism.

The combination of the U.S. pivot to Asia and the reemergence of nationalism in Japan has created tension in the Asia-Pacific region. As China continues to feel threatened by the close relations between the U.S. and Japan, Wu Zurong points out that irritants to Sino-U.S. relations will hurt the Asia-Pacific as a whole.

In a speech delivered at the Tokyo Institute of Technology on April 15th, US Secretary of State John Kerry spoke of America’s “Pacific Dream”. However, a looming question remained. What does the “Pacific Dream” of the US mean for Xi Jinping's China dream?

The dawn of the global financial crisis has reshaped the global landscape. Now, the United States faces a strategic decision to either embrace peace and development or continue to seek hegemonic superiority. As Wang Yusheng points out, embracing this new opportunity is key for stability in the international community.

Zhou Bo writes that the success of General Martin Dempsey’s recent visit to China signals that both sides have thus far agreed to disagree, and that strategic mutual trust is deepening US-China military relations.

Secretary Kerry recently outlined a US Dream in the Asia-Pacific. Su Xiaohui writes that to achieve China’s goal of a stronger relationship with the US, China should be included in the US Pacific dream.

In his just ended trip to Asia, U.S. Secretary of State John Kerry stressed his desire to work with Beijing to dampen regional tensions. Clearly, the United States considers China’s treatment of North Korea and Iran an important test of China’s rise.