China Is a Form of Diversification, says Carnegie Corporation's Lew

The video discusses China's significant role in emerging markets, highlighting its impact on diversification strategies. It explores the potential decoupling between the US and China due to differing technological decisions and the alignment of countries with either power. The discussion also covers China's growth prospects, despite slowing, and the challenges posed by its government control. Caution is advised for investors due to transparency issues, state enterprises, and political risks, with historical context of American optimism towards China.

What challenges does the text mention regarding transparency in the Chinese market?

What historical perspective does the text provide about American optimism towards China?