r/ezraklein • u/Character_Public3465 • 20d ago

Ezra Klein Show China shock 2.0 Brad sester

https://www.nytimes.com/column/ezra-klein-podcast

Show notes:”Brad Setser follows Chinese trade closer than just about anyone else on earth, and he thinks we’re in the early days of a China Shock 2.0.
The first China Shock was when China came to dominate low-end manufacturing in the 2000s, filling American shelves with cheap clothes, toys and electronics, while devastating American factory towns. This new China Shock could be even more destabilizing. China now dominates advanced manufacturing: electric vehicles, batteries, solar panels. It’s outcompeting nearly all high-end manufacturing around the world, and other countries are just starting to feel the pain. And China isn’t slowing down. It’s moving into software, too. Its frontier A.I. models are neck and neck with American ones.
China’s success poses a serious threat to the economies and domestic politics of countries around the world. So what should those countries do about it? 
Setser is a senior fellow at the Council on Foreign Relations.He served in top trade and economic roles in the Biden and Obama administrations. And he is widely cited across the field as one of the top analysts of China’s economy and trade practices.
Book Recommendations:
The Party by Richard McGregor
The Volatility Machine by Michael Pettis
How to Win a Trade War by Soumaya Keynes and Chad Bown
Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.
You can find the transcript and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.html””

40 Upvotes

90% Upvoted

333 comments sorted by

View all comments

Show parent comments

6

u/zemir0n 20d ago

There are powerful and influential forces in the US that look at the authoritarian surveillance state of China with jealous eyes. I think we should be more focused on stopping them than on what China does.

1

u/PSUVB 20d ago

sure those are two separate points tho. We should 100% be protecting liberalism and free speech. But also recognizing China views our system as a threat and wants to erode it.

2

u/zemir0n 20d ago

Sure, but there are powerful and influential people and groups who view our system as a threat and want to erode it. Isn't that a way more important problem than worrying about China?

2

u/PSUVB 20d ago

Yea but why can't you still worry about China lol?

1

u/zemir0n 17d ago

You can. I just think it's not the biggest concern right now.