The dispute over the latest round of US arms sales to Taiwan is potentially quite serious, in its implications for China-US relations and for China's current trends and tendencies. As mentioned earlier, I think all omens suggest a rough period ahead in China/US and China/rest-of-world interactions -- even though, as I've written a million times, I think Chinese and US interests can be more compatible than contradictory in the longer run. More on the arms sales issue in the morning, plus a long-promised followup on what actually happened between the US and China in Copenhagen.