The US and China are entering a new cold war. Where does that leave the rest of us?

Every historical analogy is imperfect, but if the essence of cold war is a worldwide, multi-dimensional, long-term struggle between two superpowers, this is a new cold war. The question for the rest of us is: what we do about it? Do we put our heads in the sand and say: “Please make this go away?” That is roughly the attitude of most Europeans. Or do we recognise the reality and try to shape it towards the best possible outcome? The latter is obviously the right course. With that in mind, here are nine lessons from cold war I for cold war II.
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