U.S.-China rivalry

The article highlights the challenge of preventing war between the U.S. and China, and preventing their rivalry from becoming the central framework of international politics.

Washington's shift to a hyper-transactional foreign policy framework has weakened its strategic architecture, making Taiwan a flexible variable in the U.S.-China rivalry and threatening to unravel decades of American deterrence in Asia.

Airwallex, an Australia-founded payments company, is relocating staff from China and expanding into the US amid heightened U.S.-China tensions. The move reflects geopolitical pressures as Washington and Beijing's rivalry intensifies.