Washington has two long-term interests toward China: promoting a profitable, equitable economic relationship and managing Beijing's challenge to the U.S.-led international order. Although recent policy has achieved many tactical successes in these areas, the predominant record is one of broader strategic failure in the face of the rise of China.
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Errata: In the September/October 2016 issue (volume 56 number 5, pages 836 and 849), there was a technical printing error in Figures 1b and 2 of the article by Ajay Raina that resulted in a loss of data on the graphs. This online article contains the restored figures in their original, correct state. The error is regretted.