BROADCASTS.com

b"China's emergence from its stringent zero-COVID policy seems to be the opposite of controlled and competent, two words that have otherwise been frequently used to describe its balancing act between capitalism and one-party rule. Beyond this, we are witnessing an unprecedented convergence of factors: a government crackdown on domestic Big Tech, population decline, a persisting real estate crisis, and the Biden administration\\u2019s recent introduction of some of the most draconian export controls in history.\\n\\nTo discuss this crossroads in China\\u2019s economy and society, Luigi and Bethany talk to Chicago Booth\\u2019s Chang-Tai Hsieh. Amidst the paradox of escalating tensions and record-breaking bilateral trade, they discuss whether we are underestimating China, what advice to give to Western businesses operating there, and the long-term prospects for the country's economy and their global implications."