Recent frictions between China and the United States in trade, technology, security, and other areas have continued to escalate. The United States has continually escalated its suppression measures against Chinese technology companies, while China has responded by increasing independent research and development and strengthening its internal circulation. Against the backdrop of a highly interconnected global industrial chain, the tensions in bilateral relations not only affect corporate strategies but also exacerbate uncertainties in the global market. Although confrontational sentiments are difficult to alleviate in the short term, cooperation remains a rational choice for the future to avoid a 'zero-sum game.' How China and the United States seek dialogue and balance amid competition is worth our continued attention.