Paulson Sees Risk of China Becoming `Strategic Adversary'

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Nov.07 -- Hank Paulson, chairman of the Paulson Institute and former U.S. Treasury Secretary, discusses U.S.-China trade tensions, He talks with Bloomberg's Erik Schatzker on "Bloomberg Markets: European Open" from the sidelines of the Bloomberg New Economy Forum in Singapore.
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No accusations. Everyone wants to succeed. China is bringing down those barrier but won't consider US as a major trader partner anymore.
US actions on trade against China, has made China to look at other areas of opportunities around the world. It's working.

asthranick
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Dual position when Paulson was Treasury Secretary and after he had left office.... this is pure hypocrisy !!!

CCMphilip
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United states upset that other countries just don't want to do what they are told. Americans bullying century is over.

victoews
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This man is just too old for this modern day.
Old man, just spend some quality time with your grandchildren.
Young peoples are the future!!

xolvoer
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He has no idea why CCP has been so reluctant to open China's market to the world. Because if CCP did it, it will be gone.

kaixin
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1:40 the interviewer is a bit of a dummy isn't he.
"You don't see the risk....etc ?"
He's just said he's sees the risk. Lordy lordy.

vinm
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Yeah, they already are that. Should have been recognized as such years ago.

baigandinel
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"garbage in and garbage out".

cathyzhang
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You can see how he say n the way he say is real fake.
He has his own agenda which he know himself...
Only a maroon n discrimination people will buy his story..

sunst
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henry paulson is a close associate of the chinese vice premiere wang. he is working on behalf of china to maintain the "elite businessman" relationship. he has been paid handsomely.

akathetruthteller
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China must open up, but at their own pace. They should not open sectors so quickly that are still weak.Paul is also looking after the interest of US. Acceptable.

NangongReng
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Too big to fail is a rather sick idea. And frankly I never see anyone sticking to the idea died peacefully.

originalideas
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recent, visited China and Japan, look at the street, in China, many Ford, Buick, ....McDonald...tooth past USA brand, but in Japan, really hard to find any USA

benh
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If someone as former finance minister claimed himself as China ‘s good friend - then after 10 years when he get retired, suddenly jump out to make an opposite speech as he once stood - what does it mean? Meaning he is the speak person of someone else behind him, who has paid him money to do so.

zhangxiaoyu
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Hank Paulson is talking as if there is no resistance within China to protect the existing business interest and everything is solely resting in the hands of Chinese gov't. That is a very naive way of looking at China, a shame to a person thinks he knows about China. Chinese gov't with its independent military, economic and diplomatic power will choose when and which sector of the economy to open for foreign competition that suits the national interests. All market players in China can only do their best to max the business under current environment and trying to convince the government that it is in the best interest to the Chinese to open some sections up for competition. Trying to play hard ball with the Chinese will fail, miserably. Plus, while all these cries from Americans for market access, what about the market access in the US for Chinese companies?? Such a bunch of hypocrites!

lw
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Not only toning down but also acting less aggressively, offensively, arrogantly and predominantly but more humbly and respectfully to other countries instead

suratpongpipatpanich
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Deng Xiaoping is the designer of China's modernization, Hank Paulson is the foreign wizard who made all of it happens.

thomasyang
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China said, it is already in a process of opening up, and the doors will be opened wider in time to come. But the speed of opening up will be decided by China not outsiders. In the meantime any problem can be discussed and negotiated for a win-win solution

yu-egod
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Look, who is that? Hank the savior of bankers Paulson. Thank you Hank for your brilliant decisions, now debts are flooding worldwide.

riva
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US did not open its telecommunication market to China ether. The biggest market (except US )of GM is China, can anybody see any Chinese car in US? "Made in US" is losing its market share to "Made in China". Because"Made in US" is too expensive.

zhi