Welcome to Living Beyond Borders, the podcast from City Private Bank and G0 Media that examines the risks and opportunities in our rapidly changing world.

From global politics to economics and what it all means for you.

I'm Caitlin Dean, head of the Geostrategie practice at Eurasia Group.

For decades, two city-states lived

in relative peace. Sparta was known far and wide as the most powerful entity in Greece, unmatched

in its military might and prosperity. That is, until Sparta's neighbor to the north, Athens,

began to amass wealth and power as well.

In his history of the Peloponnesian War, the ancient historian Thucydides put it this way.

It was the rise of Athens and the fear that this instilled in Sparta that made war inevitable.

That idea that war is inevitable when one group starts to challenge

the dominant power became the basis of a 21st century theory called the Thucydides

trap. And while not everyone has agreed with Graham Allison's theory, the idea has made

a lasting impression on those looking for a framework for the modern relationship between China

and the United States. This rivalry is always shifting, and the latest shifts come as a result

of new leadership in the United States and new policy decisions in China. These latest developments

are likely to have lasting impacts on the global economy and geopolitical balance.

And so we wanted to talk about both the current and future relationship in this special two-part series of Living Beyond Borders.

Let's dive in now to discuss the current dynamics between China and the U.S. with three top experts.

Stephen Lowe, co-head of City Global Wealth for Asia Pacific,

David Baylon, Chief Investment Officer and Global Head of Investments for City Global Wealth,

and Ian Bremmer, president at Eurasia Group and GZero Media.

Welcome to all three of you. Thank you. Thank you, Caitlin.

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