Former Ex-Im Bank Chair Hochberg on U.S.-China Trade War

The transcript discusses the complexities of US-China relations, focusing on economic policies, trade wars, and geopolitical tensions. It highlights China's subsidies and industrial policies under Xi Jinping, the challenges of de-escalating trade wars, and the strategic issues in the South China Sea. The discussion also touches on the differing priorities within the US administration regarding trade deficits and security concerns.

What is one of the main concerns regarding China's economic policies?

• Decreased market economy

• Excessive entrepreneurship

• Lack of state engagement

• High levels of subsidies

What makes trade wars particularly challenging to resolve?

• They involve large, interconnected economies

• They lack historical context

• They are easy to de-escalate

• They involve small economies

How does the US-China trade situation differ from past US-USSR relations?

• The US and China have no economic ties

• The US and USSR had a strong trade relationship

• The US and China have significant trade engagement

• The US and USSR were allies

What is a key focus of the US administration regarding China?

• Tourism development

• Environmental policies

• Bilateral trade deficit

• Cultural exchanges

What strategic area is a point of contention between the US and China?

• The Arctic Circle

• The Mediterranean Sea

• The South China Sea

• The Indian Ocean