As tensions ratchet up between the U.S. and China over trade and security issues, many major news organizations around the globe have given a platform to commentators trumpeting the arrival of a new ¡°cold war¡± between the world¡¯s two largest economic superpowers.

But former Australian Prime Minister Kevin Rudd ¡ª a China specialist ¡ª thinks that such analysis is overblown.

¡°Let us remember what a cold war was: A cold war was zero people-to-people contact, zero economic contact, proxy wars in 20 plus states around the world between the Soviet Union and the U.S., nuclear triggers posed in each other¡¯s direction and a fundamental ideological dispute on the future of two systems for world dominance,¡± Rudd said in an interview with The Japan Times on Wednesday in Tokyo.