China's Economic Coercion and the Need for Multilateral Cooperation

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The chapter discusses the lack of coordination and solidarity among non-Chinese entities in standing up to China's economic coercion. It highlights the need for better multilateral cooperation to address this issue and proposes the idea of establishing an economic NATO or mutual defense treaty.

Yascha Mounk and Bethany Allen discuss the historical trajectory of the modern Chinese economy.

Bethany Allen is the China reporter at Axios and the author of Beijing Rules: How China Weaponized Its Economy to Confront the World.

In this week’s conversation, Yascha Mounk and Bethany Allen discuss how China’s unique “party-state capitalism” can act both as a boon to and a drag on its economic growth; how China uses its economic power to enforce conformity and limit free speech around the globe; and what the future might hold for Taiwan.

This transcript has been condensed and lightly edited for clarity.

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