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The United States will no longer play global policeman, and no one else wants the job. This is not a G-7 or a G-20 world. Welcome to the GZERO, a world made volatile by an intensifying international battle for power and influence. Every week on this podcast, Ian Bremmer will interview the world leaders and the thought leaders shaping our GZERO World.

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China's president Xi Jinping with the logo of GZERO World with Ian Bremmer - the podcast

Podcast: China's great economic slowdown

Listen: China is undoubtedly the biggest economic success story of our lifetime. But in the last decade, Chinese President Xi Jinping has been moving the country back to its socialist roots, with major crackdowns in tech, real estate, and foreign investment. Is Xi setting up China for another four decades of economic success, or will the growth stop here?

Transcript

Listen: China is undoubtedly the biggest economic success story of our lifetime.

Between 1978 and 2017, China averaged almost 10% year-over-year GDP growth. Decades of pro-investment policies transformed China from a closed, centrally-planned economy to an economic powerhouse that could rival the US.

But in the last decade, Chinese President Xi Jinping has been moving the country back to its socialist roots, with major crackdowns in tech, real estate, and foreign investment. Xi’s vision is one of almost total state control, where businesses conform to the goals of the Chinese Communist Party, not the other way around.

Can communist ideology mixed with capitalist ambition sustain growth into the future? Is Xi setting up China for another four decades of economic success? And what do China’s citizens make of its return to socialist roots?

To discuss all that and more on the GZERO World podcast, Ian Bremmer sits down with Shaun Rein, Founder and Managing Director of the China Market Research Group, based in Shanghai.


Subscribe to the GZERO World Podcast on Apple Podcasts, Spotify, Stitcher, or your preferred podcast platform, to receive new episodes as soon as they're published.
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