I guess my preliminary take away is that China is running a brilliant foreign policy right now. They have convinced the Russians that they have a strategic relationship when in fact the most important bilateral relationship for them is with us, and that’s smart; that’s good diplomacy. I don’t know what will happen in the long run, but I think that’s a great position to be in. They fully understand that the management and deepening of their relationship with US is way more important than any other bilateral relationship, including with Russia. Just because trade levels, for economic and security reasons, the bilateral relationship is the most important for them. Russia is peripheral in that respect. Having said that, maintaining good relations with many countries is in the Chinese interest, and that’s what they’re doing.

The last thing I would say is to remind people that there are some things that are very different in this era compared to the Cold War. We should just take them as being different and not shoehorn them into some Cold War battle. I think this is particularly true with China, because we are so much more integrated with the Chinese economy, with Chinese society, even with Chinese students — I assume you have as many Chinese students at Yale as we do here at Stanford. Those are dimensions of great power engagement that we didn’t have during the Cold War. Rather than thinking of them always as threats and feeling the need to disengage and untangle our partnerships, I hope that smart leaders — and it’s your generation that will have to do this, not mine — will think of those as potential assets for American power and American society.

We're not good at point predictions. But we are pretty good at some long-term trajectory things, over hundreds of years, right? Over hundreds of years, there's a pretty strong correlation between the more well-to-do a society is, the more educated it is, the more urban it is, the more income GDP per capita, the more likely there is to be demand for democracy.

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Correlation is not causation, as we like to say here at Stanford, and the fact that I arrived in the middle of that had to do with our long confirmation process in America. Nothing to do with Russian politics. But in Russia, that was not the way it was portrayed. In Russia, it was portrayed that I was sent deliberately by President Obama to lead the revolution. And given my background as an academic, I've written about the political transitions and democratization, that was a very easy story.

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In rhetorical terms and broad strokes, in terms of ambition, I think the Biden administration has a fundamentally different approach to Putin than Trump did. I’m using my words very precisely — the Trump administration had a policy towards Russia, but Trump himself had a much more friendly relationship with Putin. There is little gap between President Biden and the Biden administration on that front.

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If both China and Russia were liberal democracies, I don’t think we would be having conversations about great power competition. So I believe that regime type does matter, and the ideological dimension that comes with that regime type also plays a role in great power competition.