Are we in the middle of Cold War 2.0? | Business and Economy

Former Australian Prime Minister Kevin Rudd says there are methods to forestall all-out battle between China and the US.

Inside years, China will overtake the US because the world’s primary financial system, and China’s affect is spreading worldwide – largely on the expense of US international management.

Former Australian Prime Minister Kevin Rudd tells host Steve Clemons that that is the “decisive decade” in relations between the 2 powers. Both they discover a method to share wealth and energy, or they head down a collision course.

However with at this time’s political climates within the West and East – the place politicians are rewarded for nationalistic tough-talk and 0 compromise – is there hope for higher relations between Beijing and Washington?