China's triangulation gambit

Economist Stephen S. Roach sees the recent joint statement by Russian President Vladimir Putin and China's leader Xi Jinping as a historic turning point toward a new Cold War. In part, he sees historical parallels: 50 years ago, the US and China approached each other and isolated the former Soviet Union. Today, China wants to exclude the US through a triangular maneuver.

Last updated: 24. July 2025