

The State of China, with Adam Tooze, Qing Wang, and Zichen Wang — Moderated by Finbarr Bermingham of SCMP
9 snips Jan 30, 2025
In this lively discussion, Adam Tooze, an esteemed economic historian, joins Qing Wang, a dynamic host of 'The Weirdo' podcast, and Zichen Wang, a research fellow with deep insights into China's economic landscape. They dive into China's evolving relationship with the U.S. post-election, explore shifting consumer behaviors, and dissect China's ambitious industrial strategies. Notably, they address the challenges of the social safety net and the importance of national pride in how Chinese companies are perceived globally.
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China's Stance on US Elections
- Some believe China prefers Trump as president because his chaotic nature weakens the US, benefiting China.
- However, this view relies on a zero-sum perspective of US-China relations, which China may not hold.
Unpredictability vs. Stability
- There's no consensus in China on a preferred US president, and the belief that China benefits from US instability may be flawed.
- China prioritizes stability and mutually beneficial relationships, which Trump's unpredictability undermines.
Chinese Public Indifference
- Compared to previous elections, the Chinese public showed indifference towards the 2024 US election.
- This apathy stems from disappointment that the Biden administration did not significantly alter the US approach to China.