Presented by Rich Appelbaum and Denis Simon
In this class we take a deep dive into the complex landscape of China’s rise as a technological and economic powerhouse, exploring its ramifications for US–China relations, especially in light of the meeting between President Xi and President Biden in November 2023. The spotlight will be on the “Chinese model”—state-led capitalism combining multi-year government plans with targeted public investment and dynamic private enterprise. For two decades this strategy proved to be highly successful—but has it reached its limits? Coined terms like “Peak China” suggest that perhaps a reassessment is needed.