Paulson Says China Must ‘Reboot’ Its Staggering EconomyThe Honorable Henry M. Paulson, Jr.
BY ERIC PIANIN (original source The Fiscal Times)
President Obama left little doubt last week that he views China as a serious threat to U.S. economic dominance overseas.
“The fastest growing markets, the most populous markets are going to be in Asia,” Obama said during a joint press conference with Italian Prime Minister Matteo Renzi at the White House Friday. “If we do not help to shape the rules so that our businesses and our workers can compete in those markets, then China will set up rules that advantage Chinese workers, and Chinese businesses.”
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