RLK: Well certainly it’s a concern, but I would call ita me “e+ 4 minor annoyance as opposed to something extremely ose ns ace serious. They have a lot on their plate here. The last a zy ee <= e : a thing they want is a trade war with the U.S., but they a vn ae Pe have to react. If the U.S. does something, there has to be i “ 3 b= a i et Se” something that they will do in retaliation. They will - Rs ( rh ¥ és i : “4 ratchet it down. They will signal, as you do, that they do Ai , <o 5 il ; s not want to accelerate this, but to save face and to be y ‘| ¢ + Me - appropriate, they'll have to match it. ‘ ss , HOST: To you Minxin Pei, how do you see this playing . , ; ¢ ; ¥ out? on pects V4, ’ MP: If the investigations find China at fault, or guilty of some practices, then the US has a wide range of options . xe to punish China on a trade front. And if these things az happen, then US-China trade war will take place. . re is 5 , Another thing I want to say is that US-China relations f > > iF ) have turned a corner. This is a relationship that has = — . c headed toward a long period of confrontation, and >». oh atl Ye adversarial relationships. So what is going to happen \ on the trade front is part of a much larger picture of 3 ' geopolitical rivalry, if not competition. y jj — CNN 2 HOUSE_OVERSIGHT_023677