The biggest priority in China under President Xi Jinping is rooting out and punishing those who have fostered a culture of corruption. The second-biggest priority? Cleaning up the dirty air and water in Chinese provinces, said Hank Paulson, former Treasury Secretary and chair of the Paulson Institute at the University of Chicago.
Paulson spoke about his views on China, Xi’s priorities and the way anger among China’s residents over environmental pollution will eventually lead to clean technology development during a recent fireside chat at the Asia Society in New York City. Paulson is promoting his book, Dealing with China, which discusses many of his experiences working with leaders over the past 25 years.