At no time since the end of the Cold War have U.S.-China relations been worse. Yes, in the past there have been periodic confrontations over Taiwan, and tensions over the American bombing of the Chinese embassy in Belgrade and the Chinese fighter-jet collision with an American reconnaissance plane over the South China Sea. But the current downturn reflects a potential long-term trend with the likelihood of protracted strategic conflict. Equally troubling, this raising of tensions is not only unnecessary but also potentially costly to the United States.
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