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we re not looking for a new cold war. and i make no apologies, and we will compete. and we ll responsibly manage that competition so that it doesn t veer into conflict. paul: let s bring in seth jones, senior vice president of the center for strategic and international studies and author of the book, three dangerous men: russia, china, iran and the rise of irregular warfare. seth, welcome. good to the see you again. so what lessons do you draw froa balloon episode, and should americans be reassured by the way it was handled? paul, i brought two major lessons from the balloon incident. one ises the only it is the only one of the few visible examples we ve seen of a much broader effort by china which views the united states as its major competitor to collect information including within the u.s. homeland. there has been extensive activity, and there continues to this day to collect information through the confucius institutes as part of the thousand talents program, as part

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