Here's your summary from US, China Will Remain Systemic Rivals, Ambassador Burns Says (https://www.youtube.com/watch?v=CtvYYHqcx1g) on the Bloomberg Television channel:

**TLDR:** US and China are systemic rivals, but efforts are being made to manage differences and enhance communication to avoid conflict.

1. Relationship between US and China is relatively stable due to recent high-level meetings and cooperation on issues like fentanyl.

2. Despite stability, there is strong competition in areas such as military, technology, trade, and human rights.

3. Both countries are taking steps to responsibly manage differences and enhance communication to prevent conflict.

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