The end of World War II marked the beginning of a global system of commerce installed and protected by United States maritime forces. This model of free trade laid the foundation for the People’s Republic of China’s inexorable rise in global affairs. The U.S. supported China’s industrialization by granting it near limitless access to American capital and consumer and financial markets, while it benefited equally from a vast and ever growing supply of consumer goods that have kept the cost of living in America nearly flat for a decade.
Now, however, both nations are expanding their economic interests and military commitments into each other’s regional neighborhoods. To complicate matters, this is happening at a time when both nations are finding themselves stymied by political and territorial challenges within their own hemispheres.
In this paper, U.S. Navy Lieutenant Commander Audry Oxley argues that managing future international issues between the countries will require a commitment to cooperation and a sturdy diplomatic platform.
Mao Zedong did not see the value of reform and opening up. The China part of Nixon’s 1967 Foreign Affairs article suggested an implicit bargain that provided the conceptual basis for China’s new direction after 1978. That bargain was if China focused on domestic development and didn’t threaten the security of its neighbours, the United States would help.
[President Trump's counterparts fear that Americans] do not feel they need to lead the world anymore... The United States is still the dominant power out there – the Atlantic alliance is still alive. But [Trump's] foreign policy weakened some of the elements.