Ex-HK Governor Patten Warns Trade Adds to Time of Caution in China

The transcript discusses China's economic challenges, including systemic risks, demographics, and debt. It highlights the impact of political policies, particularly those of President Trump, on China's progress and trade relations. The discussion also covers geostrategic concerns, such as the Thucydides Trap, and the need for China to integrate into global governance. Finally, it addresses trade challenges, including China's commitments to the WTO and issues of intellectual property theft in the IT sector.

What are some of the main concerns regarding China's economic future?

• Rising unemployment rates

• Increasing population growth

• Decreasing foreign investments

• Growing debt and demographic challenges

What has President Xi Jinping done that affects China's progress?

• Rolled back Deng Xiaoping's reforms

• Reduced the Communist Party's control

• Increased foreign investments

• Improved trade relations with the US

What is the Thucydides Trap in the context of US-China relations?

• A strategy to improve trade relations

• A theory about the inevitability of conflict between a rising power and an established power

• A method to enhance diplomatic ties

• A plan to increase economic cooperation

What challenges does China face in integrating into the global economic system?

• Adhering to WTO commitments

• Increasing domestic production

• Reducing export tariffs

• Enhancing technological innovation

What is a major concern for American companies regarding China?

• Currency manipulation

• High import tariffs

• Intellectual property theft

• Lack of market access