When the dust settles on the coming economic snapback, China’s chronic growth problems are likely to resurface with a vengeance.
Spring Festival travelers waiting at Hongqiao Railway Station, Shanghai, January 7, 2023. Credit: Imaginechina via AP Images
Long critical of Chinese censorship and Communist Party verbiage, world financial markets have enthusiastically embraced Beijing’s spin heralding a powerful post-Zero Covid reopening. Western media are similarly enthusiastic. In a breathless recent cover story, The Economist concluded that “China’s reopening will be the biggest economic event of 2023.” Just like that, the perfect storm is apparently about to turn into a beautiful day.
Proponents of the reopening p
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Between Chinese encroachments in Taiwan and Taiwan's military spending spree, it can certainly feel like the drums of war are beating in East Asia. And yet, American investment into Taiwan continues to rise steadily. Are American multinationals prepared?
The political scientist explains how China has risen not just by following in the U.S.’s footsteps, but also by exploiting U.S. vulnerabilities and its own competitive advantages.
On-Demand Webinar: Strategies for Identifying Military End Users
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