This NBR Special Report assesses U.S.-China relations in the maritime, nuclear, cyberspace, and space domains, as well as through the lens of people-to-people and military-to-military exchanges. Employing an innovative approach to represent both U.S. and Chinese perspectives, the members of the study team jointly examine opportunities for collaboration. Each essay identifies areas of divergence and convergence between U.S. and Chinese interests and recommends both cooperative initiatives and mechanisms to manage tensions.