đ§ Xi's China
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As it recovers from Covid more quickly than many other nations, China appears to be stronger than ever. But the worldâs next superpower faces enormous challenges of its own. Minxin Pei, a professor at Claremont McKenna College and one of the worldâs leading China experts, has spent years writing about them. Behind the country's façade of invincibility, he argues, lies âa Leninist state in an advanced stage of decayâ.
In this week's conversation, Yascha Mounk and Minxin Pei trace the country's political evolution since the 1980s and debate whether Xi Jinping is cementing the party's powerâor may unwittingly be seeding the roots of its own demise.
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ï»żEmail: goodfightpod@gmail.com
Twitter: @Yascha_Mounk
Website: http://www.persuasion.community
Podcast production by John T. Williams and Rebecca Rashid
Very insightful discussion. Especially the idea of a future âprairie fireâ that an older Xi canât control. Regarding State Capitalism, China is very hungry for more foreign capital, and is welcoming foreign stock and bond investors into its onshore markets. With asset managers like BlackRock free to manage money for Chinese nationals, this could eventually produce more dry kindling for a future fire. As for a coherent China strategy from the West, the USA really needs to get its own economic and political house in order first. Otherwise, it canât offer a strong counterpoint to Xiâs China.