But the global instruments Trump deserted haven’t crumbled, nor is the world crashing and burning with its long-time leader in the back seat. Strongman leaders may be emboldened, but they aren’t going entirely unchallenged. And old US allies have not fallen straight into the arms of China, as many analysts fear.

Instead, the world is adapting these agreements, it’s reshaping its institutions and, as for China, most countries are finding ways to balance their relations with Beijing as both a friend and foe.

This shift has been a long time coming. While US grand strategists who believe…



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