The Biden administration would like to pull back from the region; America’s strategic interests have changed, as have regional dynamics. We examine the careful exit that is possible. To evade censors China’s cinephiles often turn to pirated versions of foreign films, but the volunteers who subtitle them are under increasing pressure. And researchers make a connection with the dream world. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer