Referencing the recent Xi-Biden meeting, Jan Oberg argues that the US exaggerates the threat of China in order to justify its military buildup and maintain global dominance, instead of accepting a multipolar world. He explains that the US Military-Industrial-Media-Academic Complex propagates this Cold War agenda, portraying China as a threat which allows the US to cling to the outdated belief that it must contain and dominate China, rather than cooperating as a partner.