Former Treasury Secretary Hank Paulson appeared before the Portland City Club on Friday, 7/18/14. The moderator did not ask most of the questions I suggested (here). But, as the last question of the luncheon, I did ask one (above, and at 57 minutes, 45 seconds of the youtube below).
Paulson and I share an appreciation of the importance of the US-China relationship for the future. I work almost daily on expanding Mandarin immersion and study abroad in China programs because our next generations need to engage China more thoughtfully, more intentionally, and more intensely to solve many global problems, including climate change, and to maintain peace. Paulson hobnobs with Chinese leaders. I go to local school related meetings.
In answer to the first question about why he formed the Paulson Institute to work on the US-China relationship, Paulson said (11 minutes) :
I looked at China as incredibly important because I believe the US-China relationship - it is a difficult relationship, a complex relationship, it is going to become more complex, - but, if we think about our big, global challenges, whether it is the economic challenges, environmental challenges, foreign policy challenges, they all become easier to solve if we are working with China. They become, very, very difficult to solve if we are working at cross purposes.
And (12 minutes, 35 seconds):
We are not going to meet the climate challenge unless China is part of the problem.