The Chill in US China Relations

I think it's actually something different, which is more kind of international realist approach. Starting around 2012, you could really date it to around 2014, China reached a new level of its economic development. And what really freaked out the American policymakers was two things that came around 2014. The Belt and Road Initiative was China saying, were the phenomenal world savers while the United States barely saves. We saved 40% of our gross domestic product or more. And we're going to use those savings to build highways, fast rail, 5G, all over Eurasia.