Cold War 1.0 was fought principally between the US and the Union of Soviet Socialist Republics. Soon after the collapse of the latter, Cold War 2.0 began. Just as with the earlier Cold War, this is also a battle of systems on an existential trajectory. This time around, the principal protagonists are the US and the People Republic of China (PRC). Those who deny the reality of the new Cold War, believe that Cold War 1.0 has reappeared, this time with the Russian Federation replacing the Soviet Union as the opponent. Such a view ignores the changes to the global order caused by the increasingly visible efforts of the PRC to replace the US as the prime mover influencing the trajectory of the twenty-first century.