In this episode of the ChinaPower Podcast, Dr. Scott Kennedy joins us to discuss the state of China’s economy and its current challenges. Dr. Kennedy says that Chinese domestic economic policy, including crackdowns in the technology and education sectors, is dampening prospects for China’s long-term growth. He also explains that China’s Zero-Covid policy and the Russian invasion of Ukraine have adversely shaped business sentiment in China. Lastly, Dr. Kennedy argues that China’s current economic difficulties could make it a more unpredictable and volatile actor on the world’s stage.
Scott Kennedy is Senior Adviser and Trustee Chair in Chinese Business and Economics at CSIS. Dr. Kennedy is a leading authority on Chinese economic policy and has been traveling to China for over 30 years. His specific areas of expertise include industrial policy, technology innovation, business lobbying, U.S.-China commercial relations, and global governance. His articles have appeared in a wide array of policy, popular, and academic venues, including the New York Times, Wall Street Journal, Foreign Affairs, Foreign Policy, and China Quarterly.