Orville Schell: Political Economy of Structural Adjustment (5/7)

The transcript discusses the fragilities in the US and China financial systems, highlighting the challenges in global rebalancing. It emphasizes the interconnectedness of global economies and the necessity for cooperation between the US and China. The discussion also covers China's sovereignty concerns, its reluctance to fully engage in global affairs, and its lack of experience in international roles. The transcript concludes with the idea that patience is needed for China to become more involved globally.

What is the significance of the phrase 'insoluble, bound together' in the context of global relations?

In what ways does the speaker believe China is edging closer to global engagement?

What does the speaker suggest about the future of US-China relations?

What historical factors influence China's willingness to engage in global matters?