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