China recognizes that it has taken a lot from the global system, it's time to give it back.

Whether the world is skeptical of that view or not.

Hi, I'm Ian Bremmer and welcome to the GZero World podcast.

It's an audio version of what you can find on public television, where I analyze global topics, sit down with big guests, and make use of little puppets.

This week, I sit down with KU Jin.

She's Professor of Economics at the London School of Economics,

who knew, and a leading expert on all things China.

Today we'll talk about U.S.-China relations, that pesky trade war, and how the race for 5G fits into the mix.

Let's get to it.

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Kay Jin, Professor at London School of Economics.

Wonderful to be with you.

Thanks, Ian. Good to see you.

What will the Chinese do, in your view, to create more independence and self-sufficiency

in Chinese technology?

They've already done it.

Now there's an excess supply or excess amount of resources devoted to R&D to make Chinese produce their own chips. So it's already happening.

And what's the timeframe by which you could actually see Chinese technology as being more or less broken from Western supply?

Ian, you know, the technology scene is so crazy and dynamic and amazing in China.

And here we're not just talking about Internet and consumer e-commerce,

...