Abstract
In 2021 it is impossible to neglect the fact that our world is moving in a totally wrong direction. Differences between the United States and China are becoming one of the fundamental elements of major powers' competition. Some experts believe that confrontation between the US and China will result in a new edition of bipolarity. Others maintain that the rivalry between the world's two leading economies is a bilateral conflict and cannot evolve into a bipolar world order similar to that of the Cold War. In any case, US-China military tensions are a major risk. These tensions are a time bomb. There is a real risk of a dangerous escalation over Taiwan.
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