Analysis: After a decade, Xi floats 'G2' world with U.S. again

Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.

One of the key phrases Chinese President Xi Jinping used when meeting U.S. Secretary of State Antony Blinken in Beijing was this: "Planet Earth is big enough to accommodate the respective development and common prosperity of China and the United States."