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The Prof G Pod with Scott Galloway

China Decode: Trump’s Trade War Turns Into a Win for China

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Business, Careers, Entrepreneurship

4.45.3K Ratings

🗓️ 24 February 2026

⏱️ 41 minutes

🧾️ Download transcript

Summary

In this episode of China Decode, Alice Han and James Kynge unpack the International Monetary Fund’s blunt warning that China’s export-led growth model is nearing its limits — just as the Supreme Court of the United States rolls back sweeping Trump-era emergency tariffs, reshaping the trade war at a pivotal moment. Then, China’s hospitals are going viral. From Beijing to Hainan, foreign patients are seeking faster, cheaper treatment as part of Beijing’s “Healthy China 2030” push to turn healthcare into a new growth engine — but could that spark domestic backlash? And finally, Seedance 2.0, the powerful new AI video model from ByteDance, is generating hyper-realistic celebrity deepfakes and rattling Hollywood. Is this the future of filmmaking — or the start of a new AI arms race? Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Prime Video brings the best in entertainment.

0:03.0

The end of the world continues with season two of the global phenomenon, Fallout, included with Prime.

0:09.0

I defer to you about what to do in this situation.

0:12.0

Bring home the epic conclusion to the untold story of the Witches of Oz.

0:16.0

Buy or rent, Wicked for Good Now.

0:18.0

I'm taking you to see the wizard.

0:20.0

There's no going back.

0:21.6

Whatever you're into, it's right here.

0:23.6

Prime Video, click or tap the banner to find out more.

0:28.6

This year, China is expected to contribute

0:34.6

26.6% of the world's total GDP growth.

0:41.3

That will mean that China's contribution to the world's growth

0:47.3

will be more than all of the G7 countries put together.

0:52.3

And therefore, if China is tweaking its model to rely less on exports to the world

0:59.5

and more on boosting consumer spending of Chinese citizens inside China,

1:05.1

then that will have big implications for, well, companies that sell in China

1:10.6

and also for all countries around the world

1:13.8

that import Chinese stuff.

1:20.6

Welcome to China Decode.

1:22.4

I'm Alice Han.

1:23.7

And I'm James King.

1:25.0

In today's episode of China Decode, we're discussing the IMF warning China to pivot as the

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