After a rough 2010, US-China relations are on the upswing. US Secretary of Defense Robert Gates relaunched military to military relations after visiting Beijing in January, Chinese President Hu Jintao had a successful visit to the United States a week later, and after a long delay, the US Treasury ultimately declined to label China as a currency manipulator in its annual report. While there are reports announcing that US-China relations are entering a “new golden era,” it is likely to prove only temporary unless more fundamental concerns are addressed.