Beyond bipolar: why China-US rivalry defies the Cold War model

Dec 15, 2025 | INVESTING

The world has not slid into a simple US–China bipolar order but has become “two superpowers and many strong powers”, veteran Peking University scholar Wang Jisi has warned, pointing to a relationship plagued by structural confrontation, deep misunderstandings and rising risks of conflict.
In a wide-ranging virtual conversation on Friday at the University of Hong Kong’s Centre on Contemporary China and the World (CCCW), Wang voiced concerns about America’s inward turn under US President Donald…

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