The next U.S. administration will need to find ways to capitalize on economic and trade opportunities in the Asia-Pacific while managing friction and working together with China.

The U.S. pivot to the Asia-Pacific has created both tension and opportunity in its relations with China.

The Carnegie Endowment and the China Reform Forum held a joint conference in Beijing to discuss the prevention and resolution of conflict in the Taiwan Strait. Leading analysts from both the United States and China discussed the different dimensions of cross-strait dynamics and the views and roles of regional players --most notably, those of the U.S.