For two years Sino-American relations were dangerously dysfunctional. To protest, successively, against a visit to Taiwan by the then-speaker of the House of Representatives, Nancy Pelosi, and America’s shooting down of a Chinese spy balloon, China suspended high-level contacts for months. Both governments now accept that they are doomed to manage differences responsibly, as the world’s greatest economic and military powers, largest emitters of greenhouse gases and interdependent trading partners. That duty to co-exist is dictated by the judgment of history and by the expectations of other countries—even if leaders in Beijing and Washington have come to believe that their core value systems, and many of their most cherished ambitions, are incompatible. Is China friendlier to America or is just A tactical move to boost China’s economic and diplomatic interests?

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