15min chapter

The Socialist Program with Brian Becker cover image

Treasury Head Yellen’s New China Complaint

The Socialist Program with Brian Becker

CHAPTER

Unveiling Excess Capacity and Chinese Economic Strategy

The chapter explores the concept of excess capacity in US-China trade, questioning the narrative around it and explaining China's success in electric vehicle production through economies of scale. It discusses the evolution of China's market presence, its economic strategy, and the Western critique of China's economic growth, emphasizing China's unique economic model and reluctance to take Western economic advice.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode