Bipolarity is Back: Why It Matters.

But even in this narrow field, deterrence will primarily rest with internal balancing - flowing from the US and its large fleet, which currently stands at 68 nuclear subs.[23] Second, China and Russia on some issues balance against the US, which at times marginally increases China's influence. Most sections also consider a 20-year horizon, depending on both the type of revisionist state that China will be and whether the United States remains a status quo-oriented state, as it would under a moderate or centrist administration, or if it returns to a more revisionist one, as it was during the Trump administration and may once again become if a far-left or far-right US government is elected. China will remain a conservative revisionist in trade, but tensions will likely worsen As a conservative revisionist on trade, China will continue to broadly respect WTO decisions and at least limit subsidies and grey area practices. The previous system would have served the interests of the United States and its allies; under Cold Peace, the United States as former hegemon should be the relatively status quo power, and China the relatively revisionist one.[29] But what kind of revisions might China seek?. [Extracted from the article]