Bangladesh, Oct. 19 -- The international order is undergoing a profound transformation as global power shifts away from its traditional Western centers toward Asia and the Global South. Against this backdrop, improving relations between China and the United States has become increasingly important-not only for the two powers themselves, but also for the stability, security and prosperity of the wider world.

This was a central theme of the 12th North Pavilion Dialogue, organized by the Institute of International and Strategic Studies at Peking University. At a public forum on October 16, four prominent international affairs experts discussed the changing balance of power, the growing influence of middle powers, the strategic choices facin...