Bloomberg (November 12)
“The U.S. and China are on the brink of a new Cold War, with experts such as former U.S. Treasury Secretary Hank Paulson warning of a new “Economic Iron Curtain” between the world’s two largest economies if they cannot resolve their strategic differences.”
Tags: China, Cold war, Differences, Economic Iron Curtain, Economies, Paulson, Resolve, Strategic, U.S.
Wall Street Journal (April 13)
“We need to get used to slower Chinese growth,” writes former Treasury Secretary Hank Paulson. He adds that “if, as Beijing has promised, the slowdown is accompanied by deep and serious structural reform that opens up new growth opportunities, such as allowing the private sector to compete against state monopolies in service sectors like banking and telecommunications, then China will still grow robustly compared with all other major economies.”
Tags: Banking, Beijing, China, Competition, Growth, Monopolies, Paulson, Private-sector, Slowdown, Structural reform, Telecommunications