Paulson: Delisting China Firms From U.S. Is ‘Terrible Idea'

The transcript discusses the ongoing decoupling between the US and China, focusing on trade barriers, tariffs, and their impact on goods, capital, people, and technology. It highlights the challenges in financial markets and the need for China to open its markets further. The potential benefits of financial openness, such as developing China's national carbon market, are also explored. The transcript concludes with recommendations for both countries to avoid further decoupling.

What is one of the main reasons for the impediment of goods flow between the US and China?

• The absence of trade agreements

• The increase in global demand for goods

• China's failure to open its markets to foreign competition

• The lack of interest from foreign investors

What is a significant concern regarding the flow of people between the US and China?

• The increase in tourism

• The rise in student enrollment

• New restrictions on visas and exchanges

• The lack of cultural exchanges

Why are transparent and open financial markets important?

• They limit the flow of capital

• They reduce the need for foreign investments

• They provide mutual benefits and competitive advantages

• They increase the number of financial institutions

What potential benefit does China's financial openness offer?

• It will decrease foreign investments

• It will reduce the transparency of financial markets

• It will limit the growth of China's economy

• It will facilitate the development of China's national carbon market

What should China resist to strengthen its domestic firms?

• Reducing transparency in financial markets

• Increasing tariffs on foreign goods

• The temptation to protect domestic firms

• Opening its markets to foreign competition