For decades after its accession to the World Trade Organization, China got rich and the average Chinese citizen became accustomed to a certain rise in living standards. Now, with Xi Jinping undermining the most innovative parts of China’s private economy and further centralizing power, China’s economy is stalling. Hudson Institute Senior Fellow Thomas Duesterberg joins host Peter Rough to discuss Duesterberg’s new report on China’s economic weakness and how the US should respond.
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About Counterbalance:
Counterbalance is a Hudson Institute podcast hosted by Senior Fellows Michael Doran and Peter Rough. As America's unipolar moment fades, Rough and Doran explore the emerging global order.