Former Australian PM addresses China, US ties

Relations between China and the United States are at a crucial moment, and both sides need to think clearly about one another through the fog of perception and misperception, the former prime minister of Australia and current president of the Asia Society, Kevin Rudd, said on Wednesday.

Rudd added that the meeting of the two nations' leaders on the sidelines of the G20 Leaders' Summit in Argentina bought valuable time for them to resolve their differences.

"Are we now, as Graham Allison warns us, 'destined for war', or is a new strategic equilibrium now possible between the two?" Rudd asked the audience at the Asia Society New York during a discussion.