A New Cold War Brewing?

The recent Financial Times reporting that China launched a possible nuclear-capable hypersonic missile this past summer is complicated. China says it was a routine spacecraft test, but the launch caught U.S. intelligence by surprise. Should we be thinking about this in terms of a new Cold War? Axios Re:Cap talks with Axios’ China reporter Bethany Allen-Ebrahimian on what all this means for U.S.-China relations.