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America’s China Policy Is Not Working
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America’s China Policy Is Not Working

The Dangers of a Broad Decoupling



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8

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Former US Treasury Secretary Hank Paulson offers an incisive look at US–China relations in this illuminating article. He notes the increasing tensions on both sides, given trade, investment, national security and geopolitical concerns. The world’s two major powers remaining at loggerheads puts the global economy at greater risk, Paulson writes. He offers practicable suggestions for how each nation can pursue its self-interests while maintaining open channels of communication and cooperation.

Take-Aways

  • The Sino-American relationship has worsened considerably in recent years.
  • China’s rapid ascent and the obduracy of leadership on both sides stymie meaningful diplomatic progress.
  • Both nations must engage in dialogue to progress on economic policy and national security matters.
     

About the Author

Founder and chair of the Paulson Institute Henry M. Paulson, Jr. served as US Treasury Secretary from 2006 to 2009.