Manifold Seeking Truth From Facts: Alf & Steve Hsu — #68
6 snips
Sep 12, 2024 
Steve Hsu, an expert on the Chinese economy and political system, dives into the complexities of US-China relations and geopolitical dynamics. He highlights the shift in trade strategy, particularly the impact of recent US chip sanctions on China. Hsu examines China's meritocratic government structure, contrasting it with Western perspectives, and discusses important economic challenges, including a property bubble and shifts toward high-quality growth. The conversation also touches on the intricate relationships among China, Russia, and the West, revealing layers of strategic maneuvering.
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US-China Trade Shift
- The US shifted from promoting free trade to protectionism as China emerged as a competitor.
- This realist view suggests great powers prioritize self-interest, now limiting China's rise.
Zero-Sum Fallacy and China's Rise
- A zero-sum fallacy drives US anxieties: China's success is seen as America's loss.
- This, coupled with ignorance and even racism, fuels worst-case scenarios of a powerful China.
Dom Cummings and Brexit
- Steve Hsu recounts how his friend, Dom Cummings, disproved media narratives around Brexit.
- He highlights how mainstream media often promotes false narratives, citing the 2016 election and Brexit.