A Peaceful Transition of International Order?
This concluding chapter reviews and summarizes, reiterating the problematic aspects of current practice in applying the concept of revisionism. It introduces prospect theory to provide insights about prospective Chinese and US policies, and it offers caveats about the possible direction of these countries’ relations. Despite the recent escalation of tension between Beijing and Washington, the authors view the future with cautious optimism. They argue that to stabilize this important bilateral relationship, both sides should maintain mutual nuclear deterrence, avoid various forms of power politics (especially displays of military escalation), and dial back nationalist rhetoric contributing to tension and undermining trust. A transition of international order does not necessarily require a power transition between these countries, and it can come about peacefully.