From China's perspective, its strategic rethinking should follow the idea developed by the late Chinese leader Deng Xiaoping in the 1970-80s. Deng believed that peace and development are the two major themes of the contemporary world. Should Beijing continue to adhere to this strategic judgment given the rapidly changing world situation? The answer to this question also encompasses whether conflict between China and the United States is inevitable and how to avoid such conflict. China also needs to rethink whether its priority is to resolve its current domestic problems or focus more on international issues.