With the gathering of US and China officials in Beijing for the sixth S&ED (Security and Economic Dialogue) meeting of the two, it is reasonable to take a step back to assess where relations are at the moment between these two great powers. I was tempted to do this in part because the meetings are now happening but also because I reviewed, just the other day, a piece on global order by my colleague Parag Khanna called a “World Reimagined” in the The National Interest.