News Snapshot:
SINGAPORE – There are those in the United States who advocate financial decoupling with China. But wholesale financial decoupling is impossible, and partial decoupling is likely to make the US, China and the world more susceptible to financial crises, said former US Treasury Secretary Henry Paulson on Thursday (Nov 18). It is crucial to have a mechanism for the world’s first and second largest economies to coordinate, as this is the only way to put out the next big financial and economic fire, he said on the second day of the Bloomberg New Economy Forum in Singapore. Mr Paulson said...
