The summit between the Chinese and US presidents in Beijing has sent important signals about the future of bilateral relations. Both sides have expressed a desire to manage competition and reduce the risk of conflict. How should we read these developments? As the global landscape grows more complex, can China and the United States avoid the so-called Thucydides Trap and build a more stable framework for major-power relations? To help us explore these questions, we are joined by Daniel Russell, vice president for international security and diplomacy at the Asia Society Policy Institute.