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WSJ What’s News

Condoleezza Rice on Beating China in the Tech Race: 'Run Hard and Run Fast'

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 23 November 2025

⏱️ 35 minutes

🧾️ Download transcript

Summary

This week, we’re bringing you an episode of Bold Names, which presents conversations with the leaders of the bold-named companies featured in the pages of The Wall Street Journal. On this episode, hosts WSJ’s Tim Higgins and Christopher Mims speak with Condoleezza Rice, former secretary of state, the current leader of the Hoover Institution at Stanford University and a founding partner at the strategic consulting firm Rice, Hadley, Gates & Manuel LLC. She explains why she says the U.S. needs to “run hard and run fast” and win the tech race with China. She also discusses why executives can no longer afford to think of foreign policy as separate from strategy. For additional information on the Bold Names podcast and more episodes click here.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Corporate megastores are spending millions lobbying DC politicians on one-sided policies that send small businesses tumbling.

0:08.1

They want to enact harmful credit card mandates that take resources away from your local credit union and community bank.

0:14.7

Leaving Main Street businesses with less access to credit, making it harder for your family to pay for everyday goods like gas and groceries.

0:23.0

Tell Congress to guard your card and oppose the Durban Marshall credit card mandates.

0:28.4

Paid for by Electronic Payments Coalition.

0:32.9

Hey, what's news listeners. It's Sunday, November 23rd. I'm Alex Oslo for the Wall Street Journal.

0:39.0

This is What's News Sunday. On the show this week, we're bringing you an episode of our sister podcast, Bold Names, hosted by WSJ columnist Christopher Mims and Tim Higgins.

0:48.1

This episode features former Secretary of State Condoleezza Rice. I'm joined now by one of the hosts of bold names, Christopher Mims.

0:59.7

Christopher Condoleezza Rice. I think most people know her as the Secretary of State under George

1:04.9

W. Bush. Now she leads the Hoover Institution at Stanford University and is a founding partner

1:09.8

of strategic consulting firm,

1:11.6

Rice, Hadley, Gates, and Manuel. What makes her well positioned to speak to this geopolitical

1:16.8

moment that we're in? She talks to a wide variety of CEOs about what they're dealing with.

1:26.7

And of course, because companies are more multinational than

1:29.5

ever, and they're having to deal with things that affect their operations all over the globe,

1:34.4

like tariffs, she's really become that kind of CEO whisper, but also a CEO listener.

1:39.7

Was there anything that she said during your conversation with her that surprised you?

1:45.0

Yes. So we're always talking about this new Cold War between the U.S. and China.

1:52.4

She doesn't like that comparison. And it's hard to think of somebody who's more qualified

1:58.3

to disagree on that count than Condoleezza Rice.

2:02.1

Thanks, Christopher.

2:03.0

Now, let's hear what Rice had to say in your interview for bold names.

...

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