The US-China relationship has stabilised but on Beijing’s terms

For all the solemnity of the B-2 flyover with four F‑22 Raptors and a silent South Lawn drill, the real business of US President Donald Trump’s meeting with Chinese President Xi Jinping last week was narrower than the choreography. The Chinese readout reiterated the concept that should frame the relationship’s next phase: constructive strategic stability – cooperation as the primary track, competition kept within bounds, differences managed, conflict avoided. Stripped of banquet rhetoric, the...