One positive outcome is that the two presidents, Xi Jinping and Joe Biden, will hold a videoconference before the end of the year. But there have been a number of other good signs elsewhere as well. Bilateral ties have not continued deteriorating but are showing signs of a gradual thaw.

While the release of Meng Wanzhou to China and Michael Spavor and Michael Korvig to Canada gives cause to celebrate, the underlying reasons that led to their detainments must be analyzed.

As the United States redistributes resources in response to complex dynamics with regard to China, its approach is likely to be an evolutionary, full-spectrum endeavor that goes beyond the military alone. It’s a posture that will be difficult to maintain and one that could even create chaos.

The sordid tale of a Huawei executive — held hostage in Canada under pressure from the United States — ends with a whimper, not a bang. And the world is worse off for it. Yet the aimless machinations of a wayward superpower continue.

A three-tier diplomatic architecture is needed under which leaders at the top level can break the ice and remove roadblocks for those below. While there are some grounds for concern of a possible bilateral breakup, this cannot be allowed to happen. There is safety in clarity.

The release could serve to ease the tense relations with Beijing.

Growing tensions between China and the U.S. are nothing new, but the consequences of geopolitical exclusivity continue to compound. No country wants to be forced to choose between the first and second largest economy in the world.

Though the climate of international relations makes it feel like conflict could erupt at any minute, the complex ties and reliance the two nations have on each other make it an even messier affair.

China’s “two lists” and “three bottom lines” clearly lay out China’s basic interests. If the United States truly wants to compete responsibly, it must respect China’s interests and understand its concerns. Only this approach can avoid a slide into conflict.

Washington’s current Afghanistan crisis and domestic political instability present an ideal opportunity for China to accelerate its global and regional ‘grand strategy.’ Is the United States prepared to slow its advance?