Chinese President Xi Jinping is getting the United States he always wanted. Since U.S. President Donald Trump’s return to the White House in 2025, Washington has grown less confident in its global purpose, less committed to the rules-based order it once upheld, and more willing to wield power in ways that unsettle markets, institutions, and allies. Washington’s global authority and credibility are wearing away. In one sense, this is good news for Beijing. A weaker, less moralistic Washington is harder for others to rally around. It offers a less
What the Iran War Means for China: Beijing Fears American Volatility More Than American Power - Zongyuan Zoe Liu - March 30, 2026
ZONGYUAN ZOE LIU is Maurice R. Greenberg Senior Fellow for China Studies at the Council on Foreign Relations and Senior Research Scholar at the Institute for Global Politics at Columbia University’s School of International and Public Affairs. She is the author of Sovereign Funds: How the Communist Party of China Finances Its Global Ambitions.
Photo Credit: https://www.foreignaffairs.com/china/what-iran-war-means-china
By Khamenei.ir, CC BY 4.0, https://commons.wikimedia.org/w/index.php?curid=118746943