Case highlights Justice Department focus on fighting Chinese espionage.

China-US relations have deteriorated from “coopetition” into hostility. If China and the US can find a way back to a constructive path, they both stand to benefit from a “G2” world — and shortsighted attempts by America to maintain a “G1” world of US supremacy will only harm both countries’ global standing.

Henry Kissinger has diagnosed a “new paradigm” in China-US relations. While the good old days of cooperation may be over, both powers have a chance to put aside their worst impulses — American paranoia prompted by its decline, and Chinese chauvinism brought about by its rise — steering away from cold war confrontation, instead forging a new path forward.

Driven by anxiety over the success of China’s growth model, the US under Trump has sought to apply “maximum pressure” through its trade war. However, an eventual bargain will serve to cement China’s leadership role not only in economics, but also global governance.

Under Trump the US has abandoned its former strategy of engagement with China, instead adopting a hardline stance. But his “trade war” has not borne fruit, while a recent thaw in negotiations shows the possibilities for renewed Sino-US cooperation.

The move reflects anxiety and lack of confidence on the part of the U.S.

Wang Jisi, a leading scholar of American studies in China, speaks with China-US Focus host James Chau on recent media reports of the FBI barring some Chinese scholars from visiting the U.S. over spying fears, as well as the rise of racial profiling in the U.S. Professor Wang also discussed the growing U.S.-China rivalry, concerns that China is moving backward, and his optimism that China is ultimately moving in the right direction.

Now, that door appears to be closing, with the two nations ramping up their strategic rivalry and each regarding academic visitors from the other with greater suspicion — of espionage, commercial theft and political meddling.

China-U.S. relations are now “too big to fail,” and thus the two countries must seek a new pragmatic balance in their relationship.