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IL11: How China Derailed Its Peaceful Rise ft. Susan Shirk

Top Traders Unplugged

00:00

Is That Log Rolling?

There were nine almost separate silos of power that, in some sense, no checks and balances between them. So within each silo, there was this kind of almost like mini overreach of their particular portfolio - justified based on hyped internal and external threats. There were no mutual checks. I mean, they could have served as vetoes of one another, but they didn't do that because cohesion at the top is so important.

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