New start or old patterns for the two largest economies?

According to US media, the American people have elected Donald Trump as the 47th president of the United States, a momentous event that is significant for not only Americans but also the entire world. The role of the US in global affairs makes every presidential election a matter of great international interest.

As the leader of the world's largest economy with unparalleled military and diplomatic reach, the new US administration's policies and direction will reverberate far beyond the country's borders. One area where the impact of this election will be felt most acutely is the US-China relationship, which stands as the most consequential bilateral relationship of our time.

It is a fact that the Sino-US relationship has evolved into a complex rivalry that encompasses economic, technological, military and ideological dimensions. This is not a rivalry likely to fade any time soon, and it risks becoming a source of greater global division. At its core, this rivalry is rooted in differing visions of global leadership and national identity, with both countries vying for influence on the world stage.