U.S. President Joe Biden meets with Chinese President Xi Jinping.

A common understanding of why U.S.-China relations have cratered since the 2016 election of former President Donald Trump is that the world’s two largest economies had gone from being complementary to being increasingly competitive and zero-sum. But even in this economic relationship, there are still ways to find common ground.

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Recent setbacks for two major Chinese projects in Latin America are likely music to U.S. policymakers’ ears and could point to the quiet diplomacy of the administration of U.S. President Joe Biden paying off in key areas of concern. How Beijing reacts to these setbacks will shape its future relations with Latin America.

U.S. President Joe Biden, Philippine President Ferdinand Marcos Jr. and Japanese Prime Minister Kishida Fumio.

U.S. President Joe Biden hosted the leaders of Japan and the Philippines yesterday, in a meeting centered on shared security interests with an eye toward China’s increasing regional and global influence. This narrow focus, however, highlights the lack of seriousness paid to the escalating crisis in Myanmar.

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