No one knows what the future holds for U.S.-China ties, maybe not even Donald Trump himself. The president-elect’s views on China are myriad and contradictory.

What factors will influence the future of U.S.-China relations? Evan Medeiros lays out the critical factors that will drive Washington and Beijing's relationship toward one of five different possible scenarios, ranging from a global condominium to a new cold war, and offers policy recommendations for managing competition.