As the world enters a new century and the new millennium, so too does the configuration of world powers. The multipolarization of the world and the globalization of the economy are introducing new international factors. In the post-Cold War era, major powers are readjusting and realigning their relationships. The developed countries, especially the U.S., are enjoying a relatively stable period of economic growth and making progress in science and technology. The information revolution has made the world a more integrated one. Along with these developments are changes in people's mindsets -- mentalities as well as ideas. Another prominent development is the increase of the numbers of nonstate or superstate players, regional organizations, nongovernmental organizations (NGOs), and multinational corporations. Finally, the disintegration of the former Soviet Union is forcing the U.S. to redefine its strategic defense and China policy. Sino-U.S. relations have a strong international context because of other regional and global factors. The direction that the relationship takes will directly affect peace and economic development around the world and in the Asia-Pacific region in particular. Given the commonality of some goals and difference between China and the U.S., there exist both positive and negative possibilities for their relationship in the years ahead.
Asian Perspectives on the Challenges of China: Papers from the Asia-Pacific Symposium, March 7 and 8, 2000, p.67-76