As the Trump administration continues to reshape US foreign policy and retreat from global commitments, does that create an opportunity for China to step in? On GZERO World, Ian Bremmer is joined by Bill Bishop, writer of the Sinocism newsletter, for a wide-ranging conversation on China's political and economic landscape under President Xi Jinping and global ambitions in the wake of Trump 2.0. So far, 2025 is off to a decent start for China—the release of DeepSeek sent tech stocks soaring and Chinese diplomats have cast Beijing as a “steadfast” global partner while the US ramps up criticism of European allies. But China’s economy is still struggling from a property market in crisis, high youth unemployment, and the specter of deflation. So what’s next for the People’s Republic? How strong is Xi's hold on power? Will Beijing benefit from US retrenchment and increasing global uncertainty, or will its domestic issues hold it back?