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Niall Ferguson on a New US-China “Cold War”

Thought Leader: Niall Ferguson
June 7, 2025

Former Treasury Secretary Lawrence H. Summers and Hoover Institution’s Niall Ferguson see the United States’ current relationship with China from two different sides. Ferguson states that the US and China have a “symbiotic but not symmetrical relationship,” and Summers believes they have a “hostile codependence.” But, they both agree that the tax and spending bill will not do much to give the US the upper hand.

WWSG exclusive thought leader Sir Niall Ferguson is one of the world’s foremost historians of economics, international relations, and global power. His incisive analysis illuminates the geopolitical forces and economic undercurrents shaping the 21st century. From great power competition to emerging security challenges, Ferguson offers unparalleled historical context and strategic insight — helping global leaders, policymakers, and business executives anticipate what lies ahead. To invite Sir Niall Ferguson to your next event, contact WWSG.

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