Viewpoint by Shen Dingli
The author is a professor at the Institute of International Studies, Fudan University, Shanghai. This article first appeared on China Daily on 4 December 2018.
SHANGHAI (IDN-INPS) – Of late, there has been talk of and concern over a possible "Cold War" between the United States and China. The argument goes that Beijing and Washington are competing to establish their respective versions of "political correctness" and global order.
And although the Sino-U.S. trade conflict has eased after U.S. President Donald Trump agreed at the G20 Summit in Buenos Aires on Saturday [December 1] to not impose additional tariffs on Chinese imports and President Xi Jinping said China will increase U.S. imports, Beijing still favours a multilateral approach to international trade based on rules and equality while Washington seems keen on pushing ahead its version of "fairness" and "reciprocity".