CAPE TOWN, South Africa -- Provided it continues to grow globally, Uber could soon become the first foreign-owned tech company to truly flourish in China. After all, if Didi and its backers didn't consider Uber a real contender in the battle for the world's largest ride-hailing market, they would have stopped with the capital-raising bonanza some time ago.
BEIJING -- There are two competing agendas in the relationship: cooperation and friction. If the cooperation agenda fails to move forward, the friction agenda may take over. Given the importance of China-U.S. relations to world peace and development, this scenario would be bad not only for our two countries, but also for the whole world.
BEIJING -- Debates are going on the two sides of the Pacific, in China and in the U.S., about the future world order. On the part of the U.S. the core issue is how to maintain its world dominance. Out of its natural fear of the traditional model of power transition, the U.S. is deeply concerned whether it can remain strong and whether the newly rising powers will compete for world dominance with the U.S.. So some suggest that the U.S. may need a new grand strategy.
America is still the world's only superpower, but China is gradually catching up. China's economy has become the second largest in the world, and the leadership is speaking with a louder voice in international affairs. And while historically China has eschewed building formal alliances with other countries, even that policy is slowly shifting: Beijing is courting new partners, including allies of Washington like President Park and others.
Ultimately, it may take a crisis for the U.S.-China relationship to reach a stable equilibrium. But in the current context, I believe the doom-laden scenario of a U.S.-China naval clash in the South China Sea to be remote. The greater risk is that China will use U.S. FoN operations to justify an overtly military phase to the island construction project.