The bigger and stronger China’s competitors are in Asia, the greater the prospects for a balance of power favorable to the United States. Yet before inhaling the narrative of a rapidly rising India too deeply, we should pause to reflect on four inconvenient truths.

The geopolitical implications of solar displacing oil as the world’s major source of energy are enormous. Why has the Middle East been a central arena in the “great game” for the past century? Because countries there have been the major suppliers of the oil and gas that powered 20th-century economies. If, over the next decade, photovoltaic cells that capture energy from the sun were to replace a substantial part of the demand for oil and gas, who will the biggest losers be? And even more consequentially: who will be the biggest winner?

As the Biden administration and Congress struggle to get their heads around the challenge posed by China today, they should reflect on lessons learned in America’s success in winning the Cold War with the Soviet Union. Just because fundamental and irresolvable differences in values and interests compel the United States and China to be formidable rivals does not mean a hot war is a viable option.

Graham Allison is interviewed about U.S.-China relations by the Global Macro Research Team for a Goldman Sachs publication.

The Economist’s recent cover story declaring that the US economy is “leaving its peers ever further in the dust” is still making waves in Washington. The inconvenient truth, however, is that The Economist reaches this stunning conclusion by excluding the US’s only true peer: China. 

The Washington Declaration signed by U.S. President Joe Biden and South Korean President Yoon Suk-yeol yesterday should be a ringing reminder of one of the greatest achievements of U.S. national security strategy: its decadeslong success in preventing the proliferation of nuclear weapons. The agreement strengthened nuclear deterrence coordination between the two allies and offered a greater sense of assurance that South Korea falls under the U.S. nuclear umbrella.

Chinese President Xi Jinping’s decision to visit Moscow this week in his first trip abroad since his reelection comes as no surprise to those who have been watching carefully. When one steps back and analyzes the relationship between China and Russia, the brute facts cannot be denied: Along every dimension—personal, economic, military, and diplomatic—the undeclared alliance that Xi has built with Russian President Vladimir Putin has become much more consequential than most of the United States’ official alliances today.

If historian Thucydides were asked about what is happening in relations between the United States and China today, what would he say? That was the question posed to me at the Davos World Economic Forum in January. I responded that he would say that this is a classic Thucydidean rivalry in which the two parties are right on script, each competing to show which can best exemplify the typical rising and ruling power – leaving him on the edge of his seat anticipating the grandest collision of all time.

The facts about the downing of the U.S. Reaper drone are still emerging, and many relevant specifics are yet to become public, but as we attempt to get our bearings it is worth beginning with applied history. Applied historians ask: have we ever seen anything like this before?

If Thucydides were asked about what’s happening in relations between the US and China today, what would he say?