U.S.-China ties have immense implications for global stability and prosperity; and Washington and Beijing walk a fine line between mutual exploitation and deep mistrust. Serious differences on crucial issues threaten to ignite tensions between the powers.
Bush will decide this month whether to sell advanced destroyers with Aegis radar systems to the rich island Beijing calls a renegade province. China vociferously opposes the deal. Bush could thumb his nose at Beijing or offer less-well-equipped ships.
As China's armed forces modernize, they continue to test their Pacific boundaries--and the U.S. keeps beefing up surveillance. China patrols ever farther afield,...