The most important outcome of that summit was the new framing of the U.S.-China relationship as a constructive, strategic stability. China would like to make this a long-term strategic shift, which essentially establishes a peer relationship on China's terms. There are many in the U.S. administration who are hoping this is a tactical moment. Putting President Trump aside, because it's difficult to interpret and understand what might be happening for him, many in the administration see this as a tactical moment of stability, which both sides will use to reinforce their own positions and have more self-reliance and de-risking. For the rest of us, this means it's also a moment when we need to focus on our own resilience and strength.
The relationship will likely be more stable for the foreseeable future, but let's not mistake that for having the structural issues resolved. They are not.
