It is a reality and one that I think holds promise to the extent that a rich and powerful China is a responsible stakeholder in the affairs of the world. But I think there's another truism, and that is what is developing today, An incredibly serious imbalance [is developing] between the United States and China on trade and commerce, increasingly on diplomacy, and potentially eventually militarily and geopolitically. And so when I come today to speak about China, it's not simply in the context of our current trade tensions, which is a part of a much broader issue. (01:05–01:18)
CLAIM
Asserts that there is a serious imbalance developing between the U.S. and China in multiple areas.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.