Is China challenging US leadership?

Cooperation will yield mutual benefit

The changes in US policies, particularly in finance and trade, have affected the world at different levels. The global financial crisis that spread from the US has had a huge negative impact on the US' global leadership role. The support for the US dropped to a record low during the first year of Donald Trump's presidency, because he has failed to realize even part of his promise to make "America great again", with the 69-hour government shutdown adding to the US administration's woes.
Washington has resorted to protectionist policies to safeguard its domestic enterprises and reduce its global responsibilities. Moreover, Trump's plan to build a wall along the Mexican border and order more military actions overseas have created tensions between the US and many other countries.
The lesson China must learn from the poll result is that cooperation is vital to mutual benefit. China's proposals, including building a community of shared future for all humankind, the Belt and Road Initiative, and the Asian Infrastructure Investment Bank, are win-win in nature.
Sino-US ties, however, should be stable in the long run. In the short term, bilateral conflicts will increase because Trump needs to show "achievements", such as reducing the trade deficit with China and consolidating its world leadership role, to win the mid-term elections.