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The United States and China have reached a precarious moment in their relationship.U.S. President Donald Trump's administration has imposed economic sanctions on Chinese entities with financial ties to North Korea, because it does not believe that China has done enough to constrain the North Korean regime. And, as Trump has said bluntly, if the Chinese don't deal with North Korea, he will. China, for its part, rejects what its Foreign Ministry has called the "China responsibility theory" regarding North Korea. A recent editorial in a Chinese state-run newspaper asserted that while China would stay neutral if North Korea attacked first, U.S. strikes aimed at regime change would cause China to intervene. Over the last 500 years, in 16 cases where a rising power threatened to displace a ruling power, 12 led to war. The U.S. and China should take note: Business as usual is likely to produce history as usual.
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