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The People's Republic of China(PRC) & the United States(US) are the strategic rivals & economic partners at the same time. The continued rise of Chinese economic & military power could pose a significant challenge to the strategic status quo in East Asia & to US security interests in the international system. However a new global paradigm is at present working: the Chinese & US economies are increasingly intertwined, with a precarious interdependence between super-debtor( US ) & super-creditor(RPC). The relationship between the US & PRC will be marked by convergence towards deepening cooperation & stability or by deterioration, leading to increasingly open competition. The conclusion is that the US should continue to encourage China's active participation in the global economy & multilateral international institutions. Adapted from the source document.