Sentence:  With its far larger population, China's economy will inevitably come to eclipse ours, but that is hardly a mortal threat. In climate change, the world faces a huge collective-action problem that will require global cooperation. According to this view, treating China like an adversary will only <WSD>frustrate</WSD> our own long-term goals. 
Meaning of the word marked with <WSD> tags:  To hinder or thwart.