The emergence of the People's Republic of China on the world scene constitutes the most significant event in world politics since the end of World War II. Given its size, location, dynamism, and unconventional approach to many global issues, a rapidly growing China will likely reshape the global distribution of power and major issues confronting the international community.As the world's predominant political, economic, and military power, the United States faces a particularly significant challenge in responding to China's rising power and influence, especially in Asia. This challenge will require more effective U.S. policies and a reassessment of fundamental U.S. strategic assumptions and relationships.Offering a fresh perspective on current and near-term U.S. policy toward China, Michael Swaine examines the basic beliefs behind U.S.-China relations, recent U.S. and Chinese policy practices in seven key areas, and future trends most likely to affect U.S. policy. American leaders, he concludes, must develop policies to sustain America's economic and technological prowess and improve the U.S. strategic position. Otherwise, Washington will have a hard time maintaining a stabilizing presence in East Asia, shaping regional and Chinese strategic perceptions, and managing key policy issues.