http://www.foreignaffairs.org/20050901faessay84504/wang-jisi/china-s-search-for-stability-with-america.html

(Now only accessible behind a paywall.)

From the page:

“No country can affect China’s fortunes more directly than the United States. Many potential flashpoints — such as Taiwan, Japan, and North Korea — remain, and true friendship between Washington and Beijing is unlikely. But their interests have grown so intertwined that cooperation is the best way to serve both countries.”