The Risks and Opportunities of the China-West Relationship Reset

The podcast explores the risks and opportunities of resetting the relationship between China and the West following tensions over the handling of the COVID-19 pandemic, Hong Kong protests, and concerns about President Xi's accumulation of power. The discussion highlights the clash between Western free liberal democracies and China's hybrid economy, which combines market forces with top-down control. The guests discuss the economic impact of China's rise as a global manufacturing hub and the potential for a decoupling of the world economy. They also explore the challenges China faces in pivoting its economy towards domestic consumption and the need for the UK to navigate the tensions between economic interests and national security concerns.