The Financial Times recently reported that China launched a possible nuclear-capable hypersonic missile in August. The possible missile launch drew comparisons to the Soviet Union's 1957 launch of the Sputnik satellite.
But it’s complicated. China says it was a routine spacecraft test, but the launch caught U.S. intelligence by surprise, according to the Financial Times.
Is calling this a new Cold War the right way to think about it?
Axios Re:Cap talks with Axios’ China reporter Bethany Allen-Ebrahimian on what all this means for U.S.-China relations.