Kissinger Says U.S. and China Are in the ‘Foothills of a Cold War’

(Bloomberg) — Former U.S. Secretary of State Henry Kissinger said the U.S. and China were in the “foothills of a Cold War,” and warned that the conflict could be worse than World War I if left to run unconstrained.
“That makes it, in my view, especially important that a period of relative tension be followed by an explicit effort to understand what the political causes are and a commitment by both sides to try to overcome those,” Kissinger told a session of the New Economy Forum. “It is far from being too late for that, because we are still in the foothills of a cold war.”
Kissinger also said he hoped trade negotiations would provide an opening to political discussions between the two countries. “Everybody knows that trade negotiations, which I hope will succeed and whose success I support, can only be a small beginning to a political discussion that I hope will take place,” he said.
“China and the United States are countries of a magnitude exceeding that of the Soviet Union and America,” he added. “China is a major economic country and so are we, and so we are bound to step on each other’s toes all over the world.”
Contact editor Yang Ge (geyang@caixin.com)

- 1Cover Story: China’s Factory Exodus Is Turning Vietnam Into the World’s Assembler
- 2Meituan Enters Open-Source AI Race With LongCat Model
- 3Ex-UBS Banker in Hong Kong Jailed 10 Years for Laundering $17.2 Million
- 4Alipay Fined by Luxembourg Regulator for Anti-Money Laundering Breaches
- 5End of U.S. Tax Exemption Hits Chinese Air Cargo Carriers Differently
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas