HOW TO WIN COLD WAR II

Both President Joe Biden and Xi Jinping strongly reject the current U.S.China competition as a new Cold War.

- DMITRI ALPEROVITCH

As recently as September, Biden said that he doesn't "want to contain China" and that "we're all better off if China does well." Xi, in turn, proclaimed that "China doesn't want a cold war or a hot war with anyone,” following a meeting between the two in November. But these pronouncements aren't sincere. 

Today there are striking and troubling similarities between our current moment and the original Cold War between the U.S. and Soviet Union that defined the second half of the 20th century. Once again, the world is witnessing two major powers engaged in a global competition for supremacy, trying to lock in an economic, technological, diplomatic, and military advantage anywhere and everywhere. Virtually every region of the planet is a battlefield for this confrontation: from the scramble to secure mining rights for critical minerals and advantageous trade deals in Africa and Latin America, to the establishment of economic and military partnerships across Asia, to backing opposite warring sides in Europe and the Middle East.