Vice President Joe Biden has this exactly right. The time is not right for a formal G2 arrangement between China and the United States — but a defacto G2 now exists.
America and China are rebalancing their economies now — and the grinding is going to hurt interests in both countries and be potentially disruptive globally. Pragmatism needed now — not ideology.
— Steve Clemons is Washington Editor at Large at The Atlantic, where this post first appeared. Clemons can be followed on Twitter at @SCClemons
