DAR ES SALAAM, June 23 -- US–CHINA talks and high-level discussions among influential leaders might temporarily halt tariffs and reopen communication channels, allowing economies to return to normal, but in my view, competition persists.

Why? The global landscape is shifting towards a multipolar order, with chips, supply chains, security, critical mineral sourcing and climate issues remaining highly contested.

The results of consultations between UK-China, US-China, Russia-China, Pakistan-China, and potentially others in Beijing are unlikely to lead to a complete overhaul of the global order under a single dominant nation.

From an economic point of view, the world is more likely to shift towards a complex multipolar system in whi...