China Shock 2.0: State Capitalism at the Frontier | Dinny McMahon

<p dir="ltr">In <a href= "https://hiddenforces.io/podcasts/china-shock-2-0-state-capitalism-at-the-frontier-dinny-mcmahon"> Episode 451</a> of Hidden Forces, Demetri Kofinas speaks with author and long-time China analyst Dinny McMahon about the Chinese leadership's efforts to redesign China's economic model in the face of structural headwinds to growth, mounting trade barriers, and growing concerns in Western capitals about Chinese economic and military domination.</p> <p dir="ltr">The first hour is spent exploring why McMahon believes that China is at a transformational moment. He details the kind of economy that Beijing intends to build by 2035 and the internal debate over whether China should rebalance toward household consumption through welfare and redistribution or double down on its investment-driven growth model as the primary mechanism for raising household living standards.</p> <p dir="ltr">The second hour is devoted to understanding China's evolving industrial strategy that ...