Podcast 37 - China's Rise and how the USA got it wrong

Socialist correspondent

One of the hallmarks of this increasingly dangerous world has been the growing hostility of the US towards China as it becomes more powerful and assertive. To understand this conflict it is necessary to also understand China's development since its revolution and the aspiration that the United States had to bring it into its orbit as a capitalist economy serving US economic interests. When it became clear that China would not follow the path prescribed for it by the US and was seeking to develop its own direction, including nurturing hi-tech industries, the US responded quickly to try to halt this. These moves began in earnest under President Obama and were continued by Donald Trump. President Biden will not depart from this path but will seek to collaborate more with US allies, alienated by Trump’s approach, to put pressure on China. The question is whether or not China can overcome attempts to isolate it and the barriers created by sanctions designed to strangle the development of its hi-tech industries.