Principle Rival News Today

>> thank you very much, christiane. >> and we put some of this to two former u.s. government officials with very different views, of course, on u.s./china tension. >> i think its time for a new kind of a doctrine. during the cold war, with our principle rival, we had a zero-sum approach. they lose, we win. thats not the case with china. we need to develop a kind of doctrine with interdependence, where we realize that we are interconnected in so many ways that every bit of leverage we feel here, ...

Those u.s. companies is one of them. china is on the receiving side of sanctions for many years in the past. and even as of today, china does not treat economic sanctions as an instrument of foreign policy. but apparently, they are now cornered. they have to resort to this particular instrument, in this particular case. and also, i mentioned the treasury bonds. i hope beijing will not take any action to stop buying the treasury bonds for a short period of time, because the consequences of that k...