Drum Tower from The Economist

Drum Tower: Xi’s doomed economic plan

53 snips
Apr 9, 2024
The Economist's editor-in-chief, Zanny Minton Beddoes, discusses Xi Jinping's economic plan and China's relationship with America. They explore China's technological ambitions, lack of confidence among investors, and the challenges of a centralized decision-making system.
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ANECDOTE

China Development Forum Observations

  • Zany Minton Beddoes attended the China Development Forum in Beijing.
  • She observed Western CEOs carefully crafting their statements to Chinese officials.
INSIGHT

US-China Relations

  • US-China relations are tactically more stable than a year ago.
  • There is a greater effort to manage the relationship and avoid accidental catastrophe.
ANECDOTE

Guns of August Anecdote

  • A Chinese acquaintance of Zany Minton Beddoes suggested rereading "Guns of August" a year prior.
  • This highlighted the tense atmosphere and lack of communication between the US and China.
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