{"id":384210,"date":"2018-11-08T10:11:52","date_gmt":"2018-11-08T09:11:52","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/presstv-cold-war-brewing-between-us-and-china-ex-treasury-chief\/"},"modified":"2018-11-08T10:11:52","modified_gmt":"2018-11-08T09:11:52","slug":"presstv-cold-war-brewing-between-us-and-china-ex-treasury-chief","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/presstv-cold-war-brewing-between-us-and-china-ex-treasury-chief\/","title":{"rendered":"PressTV-Cold war brewing between US and China: Ex-Treasury chief"},"content":{"rendered":"<div>\n<p><strong>Former US Treasury Secretary Henry Paulson has warned that a \u201cfull-blown cold war\u201d is brewing between China and the US if both nations don&#8217;t take steps toward reconciliation.<\/strong><\/p>\n<p>In remarks delivered at the <a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2018-11-07\/hank-paulson-opening-remarks-at-new-economy-forum-video\">Bloomberg New Economy Forum<\/a> in Singapore, Paulson painted a bleak picture of the future between Washington and Beijing should the impasse continue.<\/p>\n<p>\u201cBig parts of the global economy will ultimately be closed off to the free flow of investment and trade,&#8221; he warned.<\/p>\n<p>\u201cAnd that is why I now see the prospect of an economic Iron Curtain \u2013 one that throws up new walls on each side and unmakes the global economy, as we have known it.\u201d<\/p>\n<p>His message comes as US President Donald Trump and Chinese President Xi Jinping are expected to meet at the upcoming G-20 summit in Argentina, although analysts believe it is unlikely the two leaders will reach a trade agreement at the meeting.<\/p>\n<p>The US and China have been involved in an increasingly bitter&#8230;<\/p>\n<\/div>\n<p> <a href=\"http:\/\/www.presstv.ir\/Detail\/2018\/11\/08\/579411\/Former-US-Treasury-Secretary-Henry-Paulson-China\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former US Treasury Secretary Henry Paulson has warned that a \u201cfull-blown cold war\u201d is brewing between China and the US if both nations don&#8217;t take steps toward reconciliation. In remarks delivered at the Bloomberg New Economy Forum in Singapore, Paulson painted a bleak picture of the future between Washington and Beijing should the impasse continue. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-384210","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/384210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=384210"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/384210\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=384210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=384210"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=384210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}