The Trump-Putin summit held recently in Anchorage, Alaska, had the potential to open a pivotal phase in global relations. Shockingly, he did not insist on additional sanctions or tariffs, and ended up at the Alaska summit with Putin and no conditions. Some who know Putin contend that he went to the Alaska summit with no intention of negotiating a cease-fire. Coupled with the aggressive, pragmatic reinforcement of relationships between India, China and Russia, it heralds a dramatic change in the world balance of powers. Beijing is already transforming the global economic landscape with its unrivaled manufacturing capabilities, ambitious Belt and Road Initiative and increasing technological prowess.