Ok I got it to work. I needed to set the xsitype and also send all the fields for the respective biddingscheme object:
#!/usr/bin/env python
#
# Copyright 2016 Google Inc. All Rights Reserved.
#
# Licensed under the Apache License, Version 2.0 (the "License");
# you may not use this file except in compliance with the License.
# You may obtain a copy of the License at
#
#
# Unless required by applicable law or agreed to in writing, software
# distributed under the License is distributed on an "AS IS" BASIS,
# WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
# See the License for the specific language governing permissions and
# limitations under the License.
"""This example updates a campaign by setting its status to PAUSED.
To get campaigns, run get_campaigns.py.
The LoadFromStorage method is pulling credentials and properties from a
"googleads.yaml" file. By default, it looks for this file in your home
directory. For more information, see the "Caching authentication information"
section of our README.
"""
#test api strategy id
#1855829761
from googleads import adwords