Expert says Biden's presidency creates opportunity for China and U.S. to reengage with each other

The Biden administration has inherited a complicated and, at times, tense relationship with China. In recent years, the two world powers have clashed over a range of issues from trade to the origins of the coronavirus. CBS News foreign correspondent Ramy Inocencio spoke with Victor Gao, the head of a Beijing-based think tank, about the future of U.S.-China relations.