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Top Traders Unplugged

IL11: How China Derailed Its Peaceful Rise ft. Susan Shirk

Top Traders Unplugged

Niels Kaastrup-Larsen

Business, Business News, Investing, News

4.8670 Ratings

🗓️ 11 January 2023

⏱️ 63 minutes

🧾️ Download transcript

Summary

Today, Susan Shirk, Professor and expert in the US/China relationship and Chinese politics, joins us for a conversation on China’s rise to power, based on her new book, “Overreach: How China Derailed Its Peaceful Rise”. We discuss Susan’s research process and what laid the foundation for the book, the evolution of the control regime in China and how China has been taking things too far, how corruption affects Chinese politics and how Xi Jinping’s attempt to purge the corruption has led to an over compliance and bandwagoning. We also discuss how China’s strict Covid19 policies has led to nationwide protests and major frustration in the population, how China derailed from its peaceful rise, how they may be able to get back on track and much more.

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Episode TimeStamps:

00:00 - Intro

03:31 - Introduction to Susan and her work

08:07 - What is the 21st Century China Center?

10:37 - Why did Susan write the book?

16:27 - How did the overreach begin?

24:58 - Purging a corrupt system

31:36 - Examples of derailed...

Transcript

Click on a timestamp to play from that location

0:00.0

It's obvious from the disarray that China is in now, that they didn't take the time to actually make a plan for the transition, which is shocking.

0:23.6

And when you combine this with a lot of other mismanagement of the economy over the past decade.

0:47.1

It really makes us all question the much vaunted competence of decision-of-decision-making in China.

0:56.6

There's no longer this aura of this highly competent leadership in China.

1:02.8

Imagine spending an hour with the world's greatest traders.

1:07.3

Imagine learning from their experiences, their successes, their successes, and their failures.

1:09.3

Imagine no more.

1:14.6

Welcome to Top Traders Unplugged, the place where you can learn from the best hedge fund managers in the world so you can take your manager, due diligence, or investment career

1:19.0

to the next level.

1:20.6

Before we begin today's conversation, remember to keep two things in mind.

1:24.5

All the discussion we'll have about investment performance is about the

1:27.6

past, and past performance does not guarantee or even infer anything about future performance.

1:33.3

Also understand that there's a significant risk of financial loss with all investment strategies,

1:37.9

and you need to request and understand the specific risks from the investment manager about their

1:42.6

product before you make investment

1:44.3

decisions. Here's your host, veteran hedge fund manager, Niels Kostrup Larson.

1:55.2

For me, the best part of my podcasting journey has been the opportunity to speak to a huge

2:00.5

range of extraordinary

2:01.4

people from all around the world. In this series, I have invited one of them, namely Kevin

2:06.7

Coldine to host a series of in-depth conversations to help uncover and explain new ideas to make

2:13.0

you a better investor. In the series, Kevin will be speaking to authors of new books and research papers

2:18.8

to better understand the global economy and the dynamics that shape it so that we can all

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