Is a US-China confrontation inevitable? While the eyes of the world are riveted on the war in Ukraine, Washington and Beijing are at loggerheads on a wide range of issues, both at regional and global level. Their rivalry seems to be shaping the future of the international system. The central issue in this conflict, which smacks of a “new Cold War”, is the fate of Taiwan, coveted by Beijing but supported by Washington. Is there an alternative to war between the world’s two major powers?