Geopolitical Cold War with China would be dreadful mistake, warns US economist

  • China
  • Wednesday, 12 Aug 2020

Attacking China has become a bipartisan strategy for political gain in the US, said economics professor Jeffrey Sachs. - AFP

WASHINGTON (Xinhua): US politicians risk making a "dreadful mistake" by stoking a geopolitical Cold War with China, a renowned US economist has warned.

"The last Cold War was dangerous enough," Jeffrey Sachs, an economics professor at Columbia University and senior United Nations advisor, said in an interview with CNBC on Monday (Aug 10).

"This one would be even more dangerous. It's completely misconceived and misguided, but a lot of Americans want to put it to China and think that we run the show, which is a very dangerous view of thinking," he said.

Sachs noted that attacking China has become a bipartisan strategy for political gain in the United States, but a geopolitical Cold War with China would threaten global security in an already tumultuous period as the Covid-19 pandemic continues its spread across the world.

"While politics is a game, and a pretty tough one in the US, it's an incredibly dangerous sport also, and to play with the facts and the lies that we're saying about China right now has consequences," Sachs told CNBC.

Sachs urged global leaders to cooperate on issues like climate change as the economy undergoes a "remarkably choppy period of disruption and transition."

"If we face it as each one is on your own, then we're going to look back with a lot of regret," he said.

China rejects any attempt to create a so-called "new Cold War," because it contravenes the fundamental interests of the Chinese and US people and the global trend toward development and progress, Chinese State Councillor and Foreign Minister Wang Yi said earlier this month.

Anyone who tries to start a so-called "new Cold War" in the 21st century will be on the wrong side of history and will only be remembered as the one who has upended international cooperation, Wang told Xinhua in an exclusive interview.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

China , US , cold war , economist , Jeffrey Sachs


Next In Aseanplus News

Malaysia, China sign MOU on digital telecommunications cooperation
Asean News Headlines as at 9pm on Wednesday (Sept 28)
Warmer days, chillier nights: Expect more serious extreme weather in Singapore
Philippines is ‘open for business’ with new Clark Airport terminal: Marcos
Typhoon Noru sees 16 dead as floods hit Mekong region
Exclusive-Vietnam preparing rules to limit news posts on social media accounts - sources
Eat, pray, reflect: Spending time in a South Korean Buddhist temple
Storm Noru to weaken before entering Thailand
Malaysian director Lau Kok Rui’s HK film receives 6 noms at Golden Horse Awards; including for lead actor Anthony Wong
Japan plans to set criteria for state funerals after controversial Abe send-off

Others Also Read