Author Paterson Discusses China's WTO Accession, Trade Spat

The video discusses China's accession to the WTO and the expectations of Western countries that it would lead to political and economic liberalization in China. However, these expectations were not met, leading to deflationary pressures and economic divides in Western societies. Despite China's economic success, the anticipated political changes did not occur, and US-China relations have become strained. The video also explores the geopolitical dimensions of these tensions and the impact of tariffs as a Western response.

What are the implications of the tariffs imposed by the US on China as discussed in the text?

What role did populism play in the context of economic outcomes in Western democracies?

Analyze the statement regarding the miscalculation of the CPC's grip on power in China.