Since this topic is being hotly debated, I would rather not say too much on it, and not comment on which is right or which is not.

More significant than these talk-fests for China and the U.S. are the minor confrontations that have been occurring in the South China Sea.

With respect to the hot-spot issues in places like the Middle East and Africa, the Council should try to get something done, rather than talking on and on without making any real decisions.

Let's discuss it another day.

"If you're talking about costs of healthcare, the solutions are right here and the market is here to justify those investments, " he says.