New Economy Forum
Delisting Chinese Firms From U.S. Is a ‘Terrible Idea,’ Hank Paulson Says
- Ex-Treasury Secretary Hank Paulson warns against decoupling
- Washington, Beijing must cooperate to tackle next big crisis
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Former U.S. Treasury Secretary Hank Paulson said calls to oust Chinese companies from American stock indexes was contrary to the foundations of capitalism, as he warned against the dangers of decoupling the world’s two largest economies.