in the world except for the united states and we agree on very little, there's virtually no trust, i wouldn't say there is urgency in the sense that there is no impending crisis is imminent, but clearly if you're talking about were foreign- policy parties are for the united states around the world, china is clearly number 1 right now. >> cold war, media hype was at a functional reality or future prospect? >> right now it is media hype, it could be a future prospect, but we are not close to it, it's important to recognize these two countries need each other immensely, and the amount of economic interdependence, between united states and china, goes both ways, is overwhelming, and the banks and corporations, they are most of them, not only planning to stay in china, but a majority in china are planning on expanding, investments in china, these minority say china