Op-ed: Why the U.S.-China duo is the most significant, and potentially the most perilous, bilateral relationship in human history

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Given that reality, neither the U.S. nor China is managing their rising tensions with adequate skill or durable strategy.

Yet Heintz's argument is compelling that U.S.-Chinese relations have a historically unique significance, based on their multi-dimensional nature that touches on just about every aspect of global affairs now and into the foreseeable future.

The accuracy of data related to China's economy, which for many years has been the biggest driver of global growth, took center stage at this week's IMF and World Bank meetings. The controversy focused on allegations that IMF Managing Director Kristalina Georgieva asked colleagues to find a way to boost China's standing in the World Bank's flagship 2018 Doing Business report.

The subtext is that any international institution leader must manage the reality that China will increasingly act to influence, lead or replace the world's most significant multilateral bodies, in this case, the world's lender of last resort. China is lurching in a more authoritarian direction at home and toward more confrontational policies abroad as it flexes its regional and global muscles. Amid messy and polarizing U.S. politics, following a badly executed Afghan withdrawal, and lacking clarity about U.S. strategy toward Beijing, partners wonder about U.S. commitment, competence and capability for global common cause.

 

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Hyperventilating doesn't make it so. The 'most significant'claim gets made multiple times in multiple generations. Doesn't mean it ain't so but a perspective helps and that takes. time.

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