“Goodbye, great power competition and hello, strategic competition,” this is what the Biden Administration’s Pentagon spokesperson recently told Daniel Lipmann of Politico. According to analysts, these comments signal a shift toward a more cooperative, even conciliatory, American posture toward the Chinese Communist Party. Further, President Joe Biden told the media on October 6 that he had “spoken with [Chinese President Xi Jinping] about Taiwan. We agree that we will abide by the Taiwan Agreement.”