The Fear of Competition in China

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Kaya: China's economic success has proven to be, well, first of all, China believes that it's a populist country and therefore has to be large. And necessarily, in terms of trade competition, China now recognizes that, yes, China has benefited so much from globalization, it's time to give back. It is prepared to pay a higher price and to bear more responsibilities,. This is probably why we're likely see many concessions to be traded.

Is China, with its unfair trade policies and shameless theft of intellectual property, an enemy that needs to be reined in? Or is it in the West’s best interests to view China as a strategic partner and aim for mutual respect and cooperation? We were joined by Beijing-born Professor of Economics at the LSE Keyu Jin; politician and former cabinet minister Sir Malcolm Rifkind; and Martin Wolf, Chief Economics Commentator at the FT. The event was chaired by Carrie Gracie, BBC News Presenter and the BBC’s first China Editor.

Support this show http://supporter.acast.com/intelligencesquared.

See acast.com/privacy for privacy and opt-out information.

Learn more about your ad choices. Visit podcastchoices.com/adchoices