Can the US compete with China's industrial machine? | The Dip Podcast
For years, Western policymakers warned about a new "China Shock" as Chinese exports flooded global markets. Now Beijing is pushing back with a new message
For years, Western policymakers warned about a new "China Shock" as Chinese exports flooded global markets. Now Beijing is pushing back with a new message: stop seeing China as a threat and start seeing it as an opportunity. As Chinese officials prepare for crucial talks with Washington and Brussels, they're defending a state-backed industrial strategy that has helped create global leaders in electric vehicles, batteries and clean technology. Critics argue those same policies distort competition, suppress rivals and risk hollowing out manufacturing elsewhere.
This week on The Dip, we'll be looking at the specific products that China is propping up and what this means for consumers, workers and governments around the world. We'll ask the bigger question: should governments actively create industrial champions, or is China proving that free-market rules were never enough to win the global race? Chapters 00:00 Introduction: China Doubles Down on its economic model 00:49 Meet the Guests: Alicia García-Herrero & Shirley Yu 01:04 "China Opportunity 2.0" vs "China Shock 2.0" 01:22 What is "China Opportunity 2.0?" 03:21 From "factory of the world" to technology powerhouse 05:30 Why China depends on exports for growth 07:30 Why Washington sees China's rise as a threat 09:55 China Opportunity 1.0 vs 2.0 explained 11:14 Can the US and Europe push back against China?
13:09 US strategy: restrictions, controls & bans 15:38 The subsidy debate: China vs the West 18:09 EV competition and the global impact 19:11 Why European companies are investing in China 21:18 Upcoming EU-China and US-China trade talks 22:04 Europe's innovation dilemma 24:09 China's
shift toward AI, services & technology exports 26:29 Is China just using the West's own playbook? 28:04 Final thoughts & Outro For more news go to Follow DW on social media ► ►TikTok ► ► Für Videos in deutscher Sprache besuchen Sie Subscribe
The BriefWire