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Odd Lots

Henry Wang on China's Role in the New Emerging World Order

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.41.6K Ratings

🗓️ 19 September 2025

⏱️ 56 minutes

🧾️ Download transcript

Summary

There is a widespread view that China is a superpower of rising status, and that a new global order is emerging with the country as an important pole in it. You see this with the growing BRICS organization. You also see this with the leaders who went to Beijing recently for the country's military parade. And of course, this comes at a time when the US is erecting trade barriers with everyone, including many of our closest friends and allies. So how does China see its role in this world? Will it play a role that's similar to what the US has played? Will it look very different? Does China want to reinvigorate legacy multi-lateral organizations like the UN? On this episode, we speak with Henry Huiyao Wang, the Founder and President of the Center for China and Globalization. Having been founded in 2008, the CCG is now China's largest independent think tank, with offices in multiple cities. We discuss China's perspective on the US, its potential role in establishing a Russia-Ukraine ceasefire, its perspective on Israel and Gaza, and the type of role it could play in a new form of globalization.

Read more:
China’s Defense Minister Warns on Taiwan, Condemns ‘Bullying’
Why Is China Stockpiling So Much Oil?

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Transcript

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Bloomberg Audio Studios,

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Podcasts, Radio News. Hello and welcome to another episode of the Odd Lots podcast.

1:21.0

I'm Joe Wisenthall.

1:22.1

And I'm Tracy Allaway.

1:23.7

Tracy, you know, we talk all the time about U.S.-Ch China relations, multiple times a month, it seems, for obvious reasons.

1:32.2

We usually get it from something resembling a U.S. perspective, not always, but I think it's a bit skewed.

1:38.3

Yeah, there is a geographic bias at play for sure.

1:42.0

And a linguistic one.

1:42.9

Yes, but you're right. There is always a lot going on with

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