Relations between U.S. and China are going downhill with absolutely no trust on either side, said Stephen Roach, senior fellow at Yale University's Paul Tsai China Center.
Relations between the U.S. and China are on a "dangerous" path with "no trust" on either side, political observers told CNBC.
"Right now, there is no trust," he told "Squawk Box Asia" on Tuesday, who is currently attending the China Development Forum in Beijing. Beijing regards Washington as "its primary adversary" and believes the U.S. is intent on closing off the path of China, said Stephen Roach, senior fellow at Yale University's Paul Tsai China Center." on Tuesday, who is currently attending the China Development Forum in Beijing.
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