Xi, Trump to Continue to Dig in Their Heels, CSIS's Kennedy Says

The transcript discusses the missed opportunities in trade negotiations between the US and China, focusing on the G20 summit and bilateral talks. It highlights the role of the state in China's economy, its global influence through initiatives like the Belt and Road, and the ideological debate on state intervention in markets. The conversation emphasizes the need for responsible economic decisions by China to minimize global disruptions.

What was the main expectation from China's leadership in the trade negotiations with the US?

• To form a new trade alliance with Europe

• To reduce tariffs and open market access

• To increase tariffs on US goods

• To withdraw from the G20 summit

How does China's state intervention in the economy differ from other countries?

• China does not support any industries

• China's state-owned enterprises are larger and have a global impact

• China invests less in technology

• China's state-owned enterprises are smaller

What is a potential negative impact of China's economic decisions on the global market?

• Higher global economic growth

• Market distortions affecting other countries

• Increased global stability

• Reduced innovation worldwide

What is the Belt and Road Initiative primarily about?

• Reducing China's domestic market size

• Engaging in investments abroad

• Limiting foreign investments in China

• Decreasing China's technological advancements

What is the ideological debate concerning China's economic model?

• How to increase state intervention in all countries

• If China should abandon the Belt and Road Initiative

• Whether to eliminate all state-owned enterprises

• Whether the state should have a role in the economy