Part 8/15:
"China depends on external demand to absorb its production," he explains, noting that despite their rapid recovery, the Chinese leadership faces the challenge of maintaining technological and innovation frontiers to sustain growth. The US, in this dynamic, remains formidable in technological innovation and intellectual property, positioning it as both a competitor and a partner in the evolving economic landscape.
He cautions that, while geopolitical conflicts have intensified, both economies must dial back tensions, as this is the worst time for such conflicts amid a fragile recovery.