This special episode of the ChinaPower podcast is the first of six featuring the audio from the China Power Project’s sixth annual conference. The first debate took place on November 19, 2021 and featured two experts debating the following proposition: The Covid-19 pandemic has accelerated the timeline by which China will surpass the United States to become the world’s leading economic power.
The Covid-19 pandemic ended the longest recorded economic expansion in United States history. China suffered its own historic slowdown during the initial Covid-19 outbreak in Wuhan, but the impacts were less severe. As a result, some have argued that the pandemic has sped up the timeline by which China will overtake the United States to become the world’s preeminent economic power. Others have argued that Beijing’s handling of the pandemic’s economic fallout has failed to put China on solid economic footing in the long-term.
Dr. Yao Yang, Professor at the China Center for Economic Research and the National School of Development at Peking University, argued that the Covid-19 pandemic has accelerated the timeline by which China will surpass the United States to become the world’s leading economic power. Mr. Gerard DiPippo, Senior Fellow in the CSIS Economics Program, argued that the Covid-19 pandemic has not accelerated the timeline by which China’s economic power will surpass that of the United States.
This event was made possible by the generous support of the Carnegie Corporation of New York.