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The David McWilliams Podcast

Xi vs Trump: Inside the Chinese Economic Machine

43 min

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About this episode

Trump and Xi sit down in Washington today, but the real story is how China actually built its economic juggernaut. China expert Yanmei Xie breaks down the "catfish in the sardine tank" strategy behind China's EV dominance, why Chinese carmakers compete profit margins down to 3-4% just to win market share, and how a Leninist system mobilises household savings to fund it all. Hosted on Acast. See acast.com/privacy for more information.

Xi vs Trump: Inside the Chinese Economic Machine — The David McWilliams Podcast