4.8 • 676 Ratings
🗓️ 8 June 2017
⏱️ 45 minutes
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0:00.0 | Welcome to this special live edition of the Cynica podcast, a weekly discussion of current affairs in China, produced in partnership with SUPChina. |
0:16.7 | SubChina is the best way to stay on top of the most important news from China in just a few minutes a day through our free daily email newsletter, a handy smartphone app, and of course at the website subchina.com. |
0:27.6 | It's a feast of business, political, and cultural news about a nation that is reshaping the world. |
0:33.3 | I'm Kaiser Guo, and today we are at the 2017 Cornette APEC Global Summit, which is being held here |
0:38.6 | in the amazing city of Shanghai. |
0:40.9 | I am really delighted to be here and am most grateful to be invited. |
0:44.8 | Let's hear from you guys. |
0:51.0 | It is an absolutely fascinating time to be covering China. |
0:56.4 | Not only are we looking at a major party Congress that will be taking place in fall in Beijing, |
1:02.6 | but we're also looking at a global economic order that is in the midst of quite significant upheaval right now. |
1:08.5 | There are new populist nationalisms that are on the rise not only in the United States |
1:13.2 | and in the UK with Brexit and whatnot, but in many countries on the European continent as well, |
1:19.0 | there's been a turn against globalism coming from both the left and the right that has |
1:25.0 | manifested itself in a revolt against expertise against the dominance of a technocratic and cosmopolitan elite of which are all apart, |
1:33.6 | as well as the rising tide of trade protectionism that's come with it, |
1:37.6 | as the world's great trading nation, arguably the greatest beneficiary of this whole phenomenon of globalization. |
1:45.0 | Of course, China stands naturally to be deeply impacted by this. |
1:50.0 | But by no means is the U.S. retreat from globalism necessarily a bad thing for China. |
1:55.0 | In fact, the other day, Farid Zakaria of CNN went so far as to say that Donald Trump is the best thing that could have |
2:01.8 | happened for China and that under Trump, the U.S. is basically handing off the mantle of global |
2:07.3 | leadership to China in a very important speech delivered at the World Economic Forum's annual |
2:12.7 | meeting in Davos in Switzerland back in January. Chinese President Xi Jinping happily hoisted the banner of economic |
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