Is China's 40-year experiment with the West over? | DW Business 

The title question should be, "Is the West's 40-year experiment with China over?"

Title should have been "Is the West done with China?"

The whole interview boils down to one sentence, the West was under the impression that China would adopt a Western system as it develops, but China never promised and never did. So here's the follow up, is Western system the universal system for the whole world?

So pleased to see you again, Rob. You are always interesting.

A fascinating interview

good interview

The naive thinking that CCP will slowly change was a wrong assumption right from the beginning😅 The world is becoming more and more dangerous indeed

More like the other way around. Investors do not consider the China of Xi trustworthy enough to make big investments.

Great coverage. Thank you, Anne for your clear-eyed assessment.

The part on the 80s and 90s is excellent and offer a welcome longer term perspective on our relation to China. The part on the present situation is more doubtful, although the debt problem is certainly an issue.

Rly fascinating segment. Tysm

Good comprehensive analysis! It provides a quick reference on the subject!

Uncle Sam loves Germany's industries.

Excellent interview and such interesting info that was new to me 👍

Great interview!

That was a direct, cold and honest end to the interview, loved it!

I like these kind of interviews it shows a perspective and story that is often clouded due to specific known topic that news hyper focus on. Whit a interview like these you have a better understanding why things are as they are and how likely they are to change or not for better or worse

Another reason for western companies to reduce their presence in China is the difficulty of ensuring that supply chains don’t include forced labor camps of the worst kind. This could lead to boycotting of western companies doing business in China

Informative

Insightful interview

Deng Xiaoping (1978-1989) with his famous dictum “Hide your strength, bide your time” took full advantage of US predicament when Soviet Union entered Afghanistan in 1979. Deng helped US to eliminate USSR which was necessary for unchallenged rise of China apart from giving China economic benefit from the US. “The Chinese People's Liberation Army trained and supported the Afghan Mujahideen during the war. The training camps were moved from Pakistan into China itself”( From the book ”XINJIANG” BY S. FREDERICK STARR, 2004). Pleased US directed industrialists from the West who demanded partnership with private Chinese individuals rather than the State. Deng agreed but included one representative of CCP into the factory Management boards & gave state funding to Chinese entrepreneurs. Instead of creating workers union for each industry to help workers, all industries were instead brought under an apex body, the All-China Federation of trade unions headed by the CCP. The rights of workers were diluted or crushed by the Federation to help Western industrialists & CCP interests. That is how China developed an authoritarian Socialist System with Chinese (Capitalist) characteristics which brought trillions of dollars to the Communist kitty. The 9/11 attacks on the US brought renewed benefits & China was facilitated to become member of WTO overlooking its industrial & business malpractices. “Hide your strength, bide your time” became dictum of Chinese deceit & success. For 2-decades US & NATO were bled in blood & treasure in Afghanistan through proxy Pakistan. The West is now in the Chinese grip as it is struck up with its mortal economic dependence on China & is forced to convert its much hyped economic decoupling to de-risking from Communist China

Truly excellent interview.

Kind of interesting how in the title you flipped the actual situation around, words-wise.

Lets be Factual , west supported china due to many reasons but turning it into a democracy wasnt one . These reason were, to Break the USSR , US wanting alternative manufacturing hub to Japan as japan was going to surpass US in GDP , creating Massive market for western products , infact china also helped US to keep the Dollar remain dominant world reserve currency dissolving the worth of Euro launched in 90s , and in 2008 china helped US with its crisis too though it took big advanyage of that situation too.

All foreign investors are pulling out of China. All foreign investors, except the German car companies! Smart investors should sell their stocks of German automakers before it is too late !

GREAT interview, wonderful guest (DW always finds such interesting ppl to interview)…

Insightful

"china just wants to be left alone" 😂

Very good interview. But she does not touch on how hostile China has become to most of its neighbors and the statement the CCP makes, both of which have finally made the West take notice that China has ambitions that are not in line with the West, and not as much an economic treat but a growing geopolitical and military threat. Covid and the war in the Ukraine did a lot to open the Wests eyes.

Real question is are we done with China?

Funny the expert didn't mention IP theft and called it "replication."

The micro & macro economics of supply and demand in geopolitics. Short term gains without any forethought of keeping a stable market in the long run. China is facing a greater housing bubble when compared to the late 2000's housing bubble in the US. Don't people learn? Equity on equity can collapse at anytime with the domino's effect if you can't make re-payments on interest. The CCP is HORRIBLE at planning.

China wants to left alone. I'm sorry, where do you get that idea. The BRI hardly says leave me alone nor does the South & East china seas suggest the same. She's a business person and clearly not a military analyst.

How much monies Eu have made from China?

Europe has also suffered. The excess return on FDI - the rate of return on FDI minus the risk-free rate - has fallen significantly since the US Federal Reserve’s sharp policy tightening raised the risk-free rate to an average 5.25% in the first three quarters of 2023 from just over 2.0% in 2022 and 0% in 2021. This increase has reduced businesses’ risk appetite and their motivation to invest abroad. Arguably, such risk aversion has led to FDI outflows not only from China but more widely. Europe has also suffered. Given, however, the view that the US rate-raising cycle has peaked, and interest rates will eventually drop, the incentive for FDI should increase again and investment could flow back to China.

The lessson to be learned is to diversify reliance across multiple countries, particularly when dealing with contrasting ideologies like China and Vietnam. It's advisable to lean towards neighboring democratic nations such as Mexico or other Latin American countries for dependence.

Must be the Richard walker dude that came up with the title 😂😂😂

The Panda and the Wolf is a very good metaphor for images of China in Western eyes. And a possible book title. Please reference Stevenson-Yang. Very informative interview by the way.

China has been one of major players for thousands of years. The west somehow thought that they will be the only game in town.😂

Great interview. She is super smart and insightful! Thank you!

I find this interview to be very eye-opening. I value this insight provided. Thank you for the great journalism and excellent interviewee on the topic.

YES

There are a couple of 800 lb gorilla's in that room; the Nine Dash Line claims, the aggressive behavior towards their maritime neighbors, as well the constant harping on Taiwan as a minor prefecture of China, their vassal. Just to illustrate the pattern. I'll add in a heavily, nationally subsidized fishing fleet reportedly north of 3000 vessels- who will go anywhere and fish within other nations 200 mile EEZ and require bully tactics to be removed. This Wolf Warrior talk; this is insult to your neighbors and trading partners- possibly followed up with direct assault, as they have threatened. China needed to build an 800-1000 ship Navy, at least 400 of it blue water, long range to replace, to exceed the US position on freedom of navigation; do you think if the Chinese were to do this that they would open the world for all to trade? Or would they use that control to take their cut of the willing and lock out the rest- piracy on a grand scale. I don't find it hard to see Xi, a man who sees himself as inheritor of those ancient dynasties, would run it "his way".

CCP needed the west to get to where it is. It needs it still

"Integrate with the world system" is a code for Prioritise big corporates/Capitalists' profits over purpose oriented economies

Anne nailed it. Very lucid and well considered analysis

Our first year Chinese language classes at university were full with 60 students between two classes, now we are down to 19 students in the first lecture with the likely hood of withdraws. On campus students would join the Chinese students association to further cultural exchange, in orientation week local students just walked by the stand and showed little interest...很有意思。

No real mention of human rights?

No country is an island. Everyone needs each other, only a problem is when a powerful nation tries to bully. That's why it's good that we have a multipolar world. Where a balance is kept

Informative discussion.What's opinion about future in India, future of India?

Some interesting related reading to be found in The Dean of Shandong: Confessions of a Minor Bureaucrat at a Chinese University (Daniel A. Bell, 2023. Princeton University Press).

Thank you for telling the truth. But why didn't you make this video 5 or 10 years ago? Because you were eating the nice piece of cake from them at the time? Are you the true?

If China is so worse, why do DW remind us again and again? DW never minds India.

The tittle of this video should be: "The west is done with China, totalitarianism never change."

Interesting

China has experienced a dozen spectacular rises and falls over the past 4000 years. Currently, China is in the middle of one of these events. These are part of the cultural history of China. As outsiders we will never quite understand the dynamics of these events.

After this interview, I do not recommend this person to go to China, even as a tourist.

Playing with CCP is dangerous.

The title is misleading.

Why must China become like the West? I really don't understand western effrontery.

This is beyond hilarious when China owns manufacturing outright.

The simple fact is that China was attractive in the past as a cheap manufacturing center, thus attracting large FDI but has evolved into the most important market. Today, no company could prosper without entering the Chinese market. EU and America have learned this the hard way and are now trying to make remedies. No one is talking about de-linking anymore.

The lesson is not trusting ANY autocratic/dictatorship type of leaders as staying in power has been and will always be their #1 priority.

CCP bots incoming.

Her opinions are outdated and seems she hasn't been back to China since the 90s. There are sectors where China outpaces the West, i.e. alternative energies, EVs, robots holography to name a few.

Put some glasses on Rob and he would look identical to peppermint Larry.

Some of her critical views on China are mind-opening and I believe useful for China to think about, but some eg China wants to restrict foreigners in and out of the country, are unfounded.

This consersation is too early at the moment.

It’s not safe for foreigners who have an espionage tendency

Not over, but undergoing a Paradigm Shift until a New Normal is established

She should take a trip to China.

Its like Peter Ziehan knows what he is talking about 10 years ago

I would rather have my sweat-shop in India than China, just saying.

I'd see it as the last 40 years where the east and west has experimented with doing business with each other has led to problems that both sides need to resolve before they can move forward. Rather than cutting one another off, or throwing ever more fiery rhetoric at one another, the coming years should be spent smoothing out the rough patches and working out new methods to meet each other in the middle.

China's objective was to grow its economy in order to have the wealth to modernize and expand its military. Objective achieved (in fact exceeded) I conclude. Now the CCP can command respect and instill fear.

This guy has a great channel on the linguistics of the English language

Excellent interview. Summarizes everything i believed china is today

Rahulji can only help them with foreign investment with Global reach out through Ivy League colleges

It was a mistake from the start for the United States to invest too much in developing China which is a co-equal competitor, while neglecting Mexico or the Philippines (my homeland), so this is the reason why the US is begging the Philippines to amend the latter's constitution to allow 100% foreign equity ownership in restricted industries like agriculture, natural resource extraction, manufacturing, and real estate.

China has collapsed for past 40 years, the same story, the same flavour 😂😂😂

At around 10:00 the lady says that China is hostlie to foreigners. Is this true ? How can this be and why ? This is not good...

that jacket though . i

When DW showed the map of China, it actually included Taiwan, except for the markings that were slightly different from those of “foreign”. It was very detailed!

True. After getting Hong Kong and open market has changed China in 40 years.

First she says how dangerous it is in china for foreign business and people and then she makes fun about people being afraid?

Those dislikes are coming from Russia hahaha,GO DW?!!

Toronto

I get that bit with "innovation" but why would you spend a lot on innovation if you can copy it from somewhere else. In my opinion they are working smarter and not harder compared to the west .. seems to have worked to their advantage.. my two cents

We gave them so much tech. Our companies had gone bankrupt and they bought them up. They bought up our land. We gave them everything

Wait a second that's my favourite English teacher on RU-vid!?

China is grossly missing People in following the National ambitions.

There is still much to learn from America. We have to be more humble.

Countries now are smart enough to know about China 🇨🇳. It can't fool others anymore.

I first visited XINJANG in 1986 and I thought I came to central Asia because majority around 80% were Uighurs and the architecture were oriental and the vibe were different then today.

Is this the guy with channel about languages?

Qwhat the heck is a "soft currency "?

Foreign investors are unhappy as they lost their once supremacy in technology and know-how, thus their competitiveness in China. Just look at the car industry.

As the west going for cheaper labour cost and Ch!na is heading to self reliances, own product branding, it is cyclical like any advancing countries seeking more for profitability and protectionism coupled with political & trade instability. But the set back is if they leave, they will forgo 1.4 bln consumers literally. Local comapanies can easily fill up the gap left behind and more profit margins, jobs are returning to the local industries. This indeed a very smart move if you look at win-lose situation like you see in Huawei, SMIC cases.

Long lost brother and sister 😭

Omg that was the most forced awkward interview. Host did well to keep it going