Eye on the News

CHINA | China's Economic Fortress: The Price of Independence in a Divided World

14 min · 19. feb. 2025
episode CHINA | China's Economic Fortress: The Price of Independence in a Divided World cover

Description

Amidst rising tensions with the US, China's President Xi Jinping is determined to build an 'economic fortress' – a nation technologically and industrially self-reliant. This episode of Eye on the News analyzes the massive state-led effort to achieve this independence, from dominating EV markets to struggling in semiconductors. We'll unpack the staggering costs, the surprising successes, and the escalating global trade frictions resulting from China's inward focus. Is this fortress a sign of strength or a costly gamble in an increasingly divided global economy? 📱 Follow @realEricCochran 💌 Daily Newsletter: ecochran.com

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