Hidden Forces In The Future China Will Be Dominant & the US Irrelevant | Kyle Chan
21 snips
Jun 2, 2025 
Kyle Chan, a researcher in sociology at Princeton and an adjunct at RAND, shares insights on China's ambitious industrial policy and its impact on global technology dominance. He argues that China is set to lead high-end manufacturing, reshaping supply chains worldwide. The conversation unveils the interplay between state and market economy in fostering innovation. Chan also advises the U.S. on bipartisan strategies, emphasizing the need for investment in R&D and international collaboration to remain competitive amid China's rise.
AI Snips
Chapters
Transcript
Episode notes
Kyle Chan's Formative Travels
- Kyle Chan travelled extensively in China and India, witnessing firsthand their rapid development and infrastructure projects.
- This exposure shifted his perspective on market forces and state roles in economic growth.
Limits of Free Market Orthodoxy
- Free market orthodoxy underestimated where markets fail structurally, not just occasionally.
- National security and supply chain fragility reveal the need for smart regulatory interventions beyond pure market forces.
Hybrid Market-State Systems
- Neither China nor the US operates a pure free market or command economy but employ hybrid systems.
- China's approach mixes state direction and private competition, evolving over time and across industries.