Live on Bloomberg TV

00:00THE MARGINS OF THE G20 IN ARGENTINA. > > THERE WAS A POINT IN TIME IN HISTORY WHEN THE U.S. VIEW TO CHINA AS OPENING UP ITS MARKETS, LEANING MORE DEMOCRATIC AS IT DEVELOPS. IT SEEMS THAT THAT VIEW HAS CHANGED AND THAT WASHINGTON SEEMS TO VIEW MORE CHINA AS A COMPETITOR INSTEAD OF AS A FRIEND THAT CAN DEVELOP TOGETHER WITH THE U.S.. WHEN IT DID THIS CHANGE HAPPEN AND WHAT DOES THIS MEAN FOR THE FUTURE RELATIONSHIP BETWEEN THE TWO COUNTRIES? WHAT THAT IS A VERY IMPORTANT POINT. THE U.S. CONCERN ABOUT U.S. CHINA TRADE, IT IS NOT A REPUBLICAN CONCERN. IT IS A BIPARTISAN CONCERN. THE SHIPS IN AMERICAN VIEWS ABOUT CHINA AND THE U.S. RELATIONSHIP. THIS IS BEEN GRADUAL AND A FUNCTION OF THE U.S. PERCEPTIONS OF CHINESE BEHAVIOR. IN THE OBAMA ADMINISTRATION, THE CHALLENGE WITH CHINA WAS FINDING THE RIGHT BALANCE BETWEEN COOPERATION AND COMPETITION. WORKING WITH THEM ON BIG CHALLENGES LIKE STOPPING IRAN AND NORTH KOREA'S PROGRAMS. PUTTING A FLOOR UNDER THE GLOBAL FINANCIAL CRISIS AT THAT TIME. RIGHT NOW, I THINK THERE IS A GREATER EMPHASIS ON COMPETITION BECAUSE IT APPEARS AS IF CHINA IS TAKING -- TAKING A STEP BACK. FROM THE U.S. PERSPECTIVE, CHINA HAS BECOME MORE CONSERVATIVE AND AS A RESULT, U.S. STRATEGY IS EMPHASIZED MORE COMPETITION THAN COOPERATION. > > WHEN CAN WE SEE THE CIRCUIT RATE QUESTION WHAT WILL LEAD TO THE BREAKTHROUGH IN THIS RELATIONSHIP RIGHT NOW? WILL IT BE NORTH KOREA? THE U.S. ECONOMY TAKING A HIT? > > I DON'T THINK WE WILL REACH A BREAKTHROUGH MOMENT. I THINK WE HAVE ENTERED INTO A NEW PARADIGM RELATIONSHIP. WHAT I CALL A NEW NORMAL OF TENSIONS IN WHICH THE U.S. LOOKS AT THE RELATIONSHIP . TECHNOLOGY ISSUES ARE BECOMING A SICK OF THE GET NEW ARENA FOR A PETITION AND 10 CHILE IDEOLOGY. VICE PRESIDENT PENCE'S SPEECH FOCUSED ON THE NATURE OF THE CHINESE REGIME AND THE NATURE OF THEIR POLITICAL SYSTEM AS A SOURCE OF DIFFERENCES BETWEEN THE U.S. AND CHINA. IF THIS RELATIONSHIP BECOMES CHARACTERIZED BY COMPETITION BETWEEN TWO DIFFERENT POLITICAL SYSTEMS, I THINK WE COULD BE IN

No schedule data available.

U.S.-China Relations Entered New Paradigm, Professor Medeiros Says

Evan Medeiros, professor and Penner Chair in Asia studies at Georgetown University and a former senior director for Asian affairs at the White House National Security Council in the Obama administration, talks about the spat between the U.S. and China. He speaks with Shery Ahn and Paul Allen on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

More From Daybreak Asia
All episodes and clips

Bloomberg Markets
"Bloomberg Markets" is focused on bringing you the most important global business and breaking markets news and information as it happens.
More episodes and clips