The increasingly ferocious competition between the United States and its allies on the one hand, and China and the “axis of autocratic states” on the other, has taken on unmistakable signs of a “new Cold War.” The leadership of President Xi Jinping, who is a hawkish nationalist convinced of the fact that “the East is rising and the West is declining,” is committed to challenging American dominance in fields ranging from economics and technology to geopolitics in the Indo-Pacific Area. President Joe Biden has…
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