Part 4/8:
The narrative surrounding China oscillates between viewing it as an indomitable giant or a stagnant force due to its struggling economy. Recent reports highlight significant challenges, such as youth unemployment and a declining population. However, China continues to project a growth rate significantly higher than that of the U.S., along with a notable increase in defense spending.
Stewart provides examples of China's strategic moves against influential tech oligarchs. Though viewed as oppressive, these actions were arguably necessary for maintaining state power amidst rising private enterprise. He posits that China's problematic relationship with the West, particularly the U.S., is a critical element of its long-term strategy.