• Former US Treasury secretary Hank Paulson warns of an 'economic iron curtain' if the US and China can't find a way to get along

    5 days ago - By Business Insider

    Former US Treasury secretary Hank Paulson has warned of an "economic iron curtain" dividing the world if the US and China fail to resolve their burgeoning strategic differences .
    Speaking from the Bloomberg New Economy Forum in Singapore, the 74th secretary of the US Treasury said the world is "arriving at a moment of change, challenge, and potentially even crisis."
    Referring to the "unprecedented political pressure on cross-national supply chains" and "great power competition surges" across the Indo-Pacific, Paulson warned of a once-healthy strategic competition tipping into "a full-blown...
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