US vs. China: A Tale of Two Systems (w/ Clay Chandler)
My guest this week is Clay Chandler, Executive Editor for Fortune here in Asia. Based out of Hong Kong, he’s a long-serving member of the region’s journalistic community, holding stints with The Wall Street Journal, The Washington Post, and Time Inc. At Fortune, he’s created a niche in delivering nuanced tales, offering up an Asia perspective to challenge more populist US-centric views.
US and China, it seems, are caught in a downwardly spiralling political maelstrom and there is no end in sight. While the short-term implications appear rather petty, the longer-term issues could prove severe. Not just for the two countries, but for the world at large.
It speaks to the essential nature of the two Superpowers. They set the tone for what comes next economically. Diplomatic squabbling isn’t helping, particularly in a time of pandemic when greater inter-reliance, not less, could make all the difference.
Which country comes out on top may have less to do with politics and more to do with which nation gets it’s economy back on track first. Through this lens, China would appear to have the upper hand. It’s economy is rebounding. And as my guest this week explains, it has much to do with China’s relative success in bringing Covid to heel.