Friday, September 1, 2023

Flipping the script on China

Here's today's Big Take.

Sept. 1, 2023

The construction site of a residential project formerly developed by China Evergrande Group in Beijing, in March. Source: Bloomberg

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If China once seemed on an inevitable path to overtaking a declining America as the world's leading economic power, that's no longer the case. The calculations in Washington and beyond are increasingly about how to deal with a China that, even if it is not yet in absolute decline, may well be approaching a peak in power.

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The Big Take podcast is taking a break this week, so we've lined up some of our favorite episodes. Take a listen and we'll be back on Sept. 5.

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