A Primer on the US and China's 'New Cold War'

The Breakdown

Blockworks

Investing, Business

4.8 • 786 Ratings

🗓️ 16 July 2020

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

No geopolitical relationship will shape the world over the coming decade as much as that of the U.S. and China. A day after President Trump signed the Hong Kong Autonomy Act enabling sanctions on those that threaten the autonomy of China (and the companies that do business with them) and the UK worked to ban Huawei 5G infrastructure, this episode of the Breakdown looks at the key faultlines and issues that have that relationship in a dangerous downward spiral: Virus blame recriminations Trade war tensions The Hong Kong Security Law Huawei 5G and critical digital infrastructure TikTok India border skirmish South China Sea Military Exercises The politics of labeling this a “new cold war”

Transcript

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0:00.0	There is no geopolitical relationship in the world, with more power to shape what the next decade
0:06.8	or longer looks like than that of the US and China.
0:10.6	Over the last few months, that relationship has undeniably spiraled downward.
0:15.8	But the questions of whether this is truly a new Cold War or something else are about
0:20.6	more than just terminology.
0:22.7	They come with a set of biases and expectations and prescriptions and policies
0:28.3	that may or may not befit the situation we find ourselves in.
0:32.6	This episode is a primer on the fault lines in the U.S.-China relationship
0:36.7	and what we should think about
0:38.5	whether it is, in fact, a new Cold War.
0:42.2	Welcome back to the breakdown, an everyday analysis breaking down the most important stories
0:47.2	in Bitcoin, Crypto, and Beyond.
0:51.0	This episode is sponsored by BitStamp and Crypto.com.
0:55.5	The Breakdown is produced and distributed by CoinDesk.
0:59.9	And now, here's your host, NLW.
1:04.9	Welcome back to The Breakdown.
1:07.0	It is Wednesday, July 15th, and today we are talking about China.
1:12.8	This originally started as a brief, but when I got into it, I realized that this is the subject
1:18.6	that we keep coming back to on the breakdown, and we're going to, right?
1:21.9	Because it has such a huge impact on the world that we live in.
1:25.3	It sets the context for so many parts of our economic
1:29.1	policy, our global military policy, basically the things that shape the nature of the world
	...

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