Explicitly recognized, but critically managed in a manner which concludes that allowing any one of these matters to escalate into crisis conflict of war is mutually unacceptable. Thats the realist part. Whats the constructive part . The constructive part is this. If you look at the possibility of constructing genuine public goods between china and the u. S. , both bilaterally, regionally, and globally, the scope is, in fact, quite wide. If you look at a bilaterally, im a strong proponent of the early conclusion of the bilateral treaty for a simple reason. That is the more the two economies become enmeshed through investment, rather than just through trade, then, frankly, the more inseparable they become and the more their mutual interests in each others progress and advance becomes an indelible imprint within each country. So causing that investment treaty to come into being i think is a genuine public good. Because in the long term it will transform many elements of the relationship.
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