Do not let US-China ties spiral out of control, ex-Treasury chief Paulson warns
Former US Treasury Secretary Henry Paulson has cautioned against the escalating strategic competition between the US and China, urging both nations to establish "guard rails" to prevent the rivalry from devolving into conflict. He highlighted that deepening distrust now presents a greater risk than trade imbalances. Paulson, speaking in Beijing, emphasized the need for careful management of the relationship, particularly in areas of trade and technology, to avoid "dysfunctional decoupling." AI
