Caixin
ECONOMY

Trade War in ‘No One’s Interest,’ Ex-Treasury Secretary Says

Former U.S. Treasury Secretary Henry Paulson speaks at an investor forum in November 2013. Photo: VCG
Former U.S. Treasury Secretary Henry Paulson speaks at an investor forum in November 2013. Photo: VCG

* Former U.S. Treasury Secretary Henry Paulson says market-opening reforms in China will be a win for both countries

* Paulson also points out that a trade deficit is not necessarily a bad thing

(New York) — U.S. and China should avoid a mutually damaging trade war and negotiate the scope and pace of the latter country’s opening up, former U.S. Treasury Secretary Henry Paulson said on Thursday.

You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright © 2018 Caixin Global Limited. All Rights Reserved.