Canadian Prime Minister Mark Carney's speech at the World Economic Forum in Davos this week will likely be remembered as one of the most significant orations of the early 21st century. Carney channeled the fear and frustration of many global leaders when he defiantly declared that the U.S.-led international order is over.
The "rupture" that Carney referenced in his address has profound consequences for China as it moves to reshape a part of this new international order to better align with its interests.
Zongyuan Zoe Liu, a senior fellow at the Council on Foreign Relations and a senior research scholar at Columbia University, joins Eric & Cobus to discuss why this is such a pivotal time for China as it moves to become a peer power of the United States, at least economically, without triggering the so-called "Thuycides Trap" that dictates this kind of rivalry often leads to war.
Show Notes:
π Topics covered in this episode:
- Mark Carney's Davos speech and the declaration of a global rupture
- The collapse of the rules-based international order
- What a post-American world looks like for middle powers
- Economic coercion and the weaponization of supply chains
- Where China fits in the new global order
- China's long economic war and leverage strategy
- The Global South's trust gap with China
- Why the debt trap narrative persists despite evidence
- China as an opportunity rather than ally in emerging markets
- The rapid erosion of U.S. global credibility
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