Expert Warns of Potential Overreach by the U.S. on China

Larry Rubin, former U.S. Treasury Secretary, has expressed serious concerns about the potential consequences of excessive U.S. pressure on China. In an interview, he stated that overzealous measures could not only worsen economic relations between the two countries but also create uncertainties in the global economy. Rubin, who served as Treasury Secretary under President Bill Clinton, emphasizes that the United States holds significant economic power, but the use of this power should be balanced to avoid unpredictable outcomes.

He also highlighted that concerns for national interests should not lead to confrontation and war. Rubin warned against unnecessary escalation of tensions, adding that strategic dialogue between Washington and Beijing could help find compromises and prevent clashes. He calls for a more cautious and measured approach to reduce the risks of policy missteps and to avoid situations that could lead to severe economic repercussions.

Rubin further discussed the need to strengthen transatlantic ties and create an international consensus regarding policy toward China. He noted that unity among Western allies can enhance influence on Beijing and assist in addressing pressing global issues such as climate change and economic instability. However, he simultaneously cautioned against undermining economic relations that could benefit both sides.

In conclusion, the former Treasury Secretary emphasized the importance of understanding how further U.S. actions will be perceived in China, stressing the importance of avoiding misunderstandings that could lead to unwanted consequences. He urged for early engagement of the Chinese side in discussions and consultations to strengthen trust and cooperation.

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