Minxin Pei
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}Source: Getty
G20 Leaders to Tout Competing Ideas on Recovery
China wants to look like a leader at the G20 summit by highlighting the extent of its stimulus package ($586 billion) as well as the relative health of its financial system.
Source: NewsHour with Jim Lehrer

Pei argued that China wants to look like a leader at the summit by highlighting the extent of its stimulus package ($586 billion) as well as the relative health of its financial system. It worries that its long-term interests will suffer if the United States continues to print money. At the same, time, however, it does not want to take the lead in opposing American positions, so it will most likely serve as an intermediary between the Europeans and Americans lest anyone think that China is overreaching. Pei also noted that China feels "let down" by the United States because it has attempted, for the last 20 or 30 years, to emulate an economic system whose intellectual foundations have now collapsed.
About the Author
Former Adjunct Senior Associate, Asia Program
Pei is Tom and Margot Pritzker ‘72 Professor of Government and the director of the Keck Center for International and Strategic Studies at Claremont McKenna College.
- How China Can Avoid the Next ConflictIn The Media
- Small ChangeIn The Media
Minxin Pei
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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