Possible 'economic iron curtain' if resolution to China-US trade dispute not found

Deborah Lehr as featured on CGTN

On the second day of the Bloomberg New Economy Forum in Singapore, former US Treasury Secretary Hank Paulson warned of an "economic iron curtain" dividing the world if China and the US failed to resolve their strategic differences. Our correspondent Miro Lu sat down with Deborah Lehr, Vice Chairman of the Paulson Institute and senior advisor to Hank Paulson on China-US relations for some comment on their current issues.

MIRO LU "Throughout this two-day forum, we've heard a lot of people talking about a new world order, the US-China relationship in a different format. This morning Hank said, we've reached another of those consequential moments, are we at this time that in 10 years' time we are going to look back and say, oh it was during that time period that it was history in the making, something changed."