Summary: No country can affect China's fortunes more directly than the United States. Many potential flashpoints -- such as Taiwan, Japan, and North Korea -- remain, and true friendship between Washington and Beijing is unlikely. But their interests have grown so intertwined that cooperation is the best way to serve both countries.
WANG JISI is Dean of the School of International Studies at Peking University and Director of the Institute of International Strategic Studies at the Central Party School of the Communist Party of China. This essay is an expanded and revised version of an article originally published in Zhongguo Dangzheng Ganbu Luntan, a journal of the Central Party School.