President Trump has made it clear that he wants to reduce the U.S trade deficit with China. If he follows through on his campaign promises to impose tariffs, how would China react? Is a trade deficit with China necessarily a bad thing for the US? One of the most thought-provoking economists on China, Michael Pettis examines the trade relationship between Washington and Beijing, and explains how the Chinese growth model is facing unique challenges.
Michael Pettis is a senior fellow in the Carnegie Asia Program based in Beijing. An expert on China’s economy, Pettis is professor of finance at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets.
Pettis is also editor of China Financial Markets, which offers monthly insights into the financial and economic dynamics of China and the global economy. Learn more at ChinaFinancialMarkets.org.
What can the elections of 2024 tell us about the state of democracy worldwide? Sophia Besch sits down with Thomas Carothers to unpack key theories and narratives shaping our understanding of this pivotal election year.
Sophia Besch sits down with Michael Pettis to talk about the failures of our modern global trading system and how to fix them.
Sophia Besch sits down with Darshana Baruah to discuss maritime security and great power competition in the Indian Ocean.
Sophia Besch sits down with Chris Chivvis and Stephen Wertheim to discuss why meaningful change in U.S. foreign policy is so difficult to achieve—and what it would take for the next American president to make such a change happen.
Sarah Yerkes, a senior fellow in Carnegie's Middle East Program, joins Sophia to discuss the recent re-election of President Kais Saied and what it means for Tunisia's democracy.