The US hedges its bets on China's rise

It's not in America's interests to contain China's rise. Washington's seemingly inconsistent foreign policy approach can be best interpreted as a complicated hedging strategy.

China is the only country in the world that could potentially surpass the United States in total economic size, and whose currency, the renminbi, may one day dethrone the US dollar as the dominant international medium of exchange.

So why doesn’t the United States want to contain China’s rise?

My American friends have different answers to the question.

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