Our nation is uniquely endowed to play a creative and decisive role in the new order which is taking form around us.

One of the hardest things for the president is to distinguish the routine issues that come through from the essential issues that affect the long term, and not to let himself get sucked into the battles of the bureaucracy for marginal issues, and to keep them focused and to keep his mind clear on what the fundamental things are that he has to accomplish.

China is a country with a record of continuous self-government going back 4,000 years, the only society that has achieved this. One must start with the assumption that they must have learnt something about the requirements for survival, and it is not always to be assumed that we know it better than they do.

Now we have a whole series of problems - energy, environment, proliferation - which go beyond the nation. And we also know that a conflict between major powers would be a catastrophe for which there is no compensation in anything you can gain.

For the West, the demonization of Vladimir Putin is not a policy; it is an alibi for the absence of one. Putin is a serious strategist – on the premises of Russian history. Understanding US values and psychology are not his strong suits. Nor has understanding Russian history and psychology been a strong point among US policymakers.’

While we should never give up our principles, we must also realize that we cannot maintain our principles unless we survive.

Leaders must invoke an alchemy of great vision.