Harmonious competition vital

Recently, relations among the world's major powers have experienced some dazzling changes and adjustments, reflected by US-Russian relations improving, Russia-European ties warming up, and US ties with the Asian powers of China and India moving forward. The strategic and mutually reciprocal ties between China and Japan have also received a big boost following efforts from both sides, and Sino-EU ties have also leapt forward.

As a result of the impact of the global financial crisis, the ongoing profound restructuring of international relations is expected to catalyze and speed up reorganization of the world's established political and economic configurations.

Changes in US global strategy have sparked the latest round of reshuffling of relations among the world's major powers.