As tensions between China and the United States are escalating, there is much talk among scholars and commentators about a new Cold War between the two powers. US officials have also indicated that they are thinking of relations with Beijing in those terms.Yet, the situation in global politics and economy today is quite different from the post-World War II era, when the Soviet Union and the US faced off. Back then, countries were stuck between a rock and a hard place and had to choose a side.Of course, there was the non-aligned movement, which promoted decolonisation and sought to stave off an escalation into a nuclear war between the USSR and the US, but many of the members of the movement still had to choose a camp to join.
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