China's great economic slowdown
GZERO World with Ian Bremmer
00:00
The Bearishness of China's Economy
The income levels in 2022 were low. China's government really didn't loosen monetary policy. The Chinese people and the Chinese government feel that Joe Biden and the Biden administration are trying to contain China's growth, destabilize the party and maybe push for regime change. When the Chinese get good at something, so when the Chinese got good at 5G in telecom, all of a sudden the United States says, this is a national security risk. We need to ban Huawei from not just the U.S., but they need to coerce European nations like the UK or the Dutch or the Australians not to use Huawei equipment.
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