The Aporia
A prominent Chinese scholar, Da Wei, has expressed cautious optimism about an upcoming US-China summit, writing in a Foreign Affairs essay that it presents a "rare opportunity" to stabilize the strained relations between the two nations. This shift suggests Beijing is now more willing to manage competition with Washington rather than outright rejecting it as strategic rivalry. However, Ramon Llona, Morgan Stanley’s former chief economist, downplayed expectations for significant policy advancements, noting past summits have typically yielded minimal tangible results. The essay's publication and content were likely vetted by Chinese authorities, indicating an official stance on the summit's potential outcomes.
Beijing once rejected Washington’s framing of “strategic competition” with China, it is now more confident about managing that competition