Shunyo Liao, a research fellow at the CTPECC, in this article underscores a rising juxtapostion between the rise of fragmentation among countries and the continued effort to expand the international liberal order. With the increased tensions between the US and China, there is a possibility that the tradition hegemon in international relations will be impacted in which Liao in the article discusses.
If you are interested in more information on the on-going situation and would like to learn more about potential impact on the global order, feel free to check out this link.