to basically blame China for the colonial invasion of the opium war and the Japanese fascism is like saying Poland is to blame for Hitler's invasion because they didn't industrialize when Germany did. Colonialism apologists at its best.

the part about Ukraine and Russia partnership is fairly ignorant, claiming China was "relying on the partner" Russia. China is working with all the Middle East, and outside the West nobody considers Russia a pariah. Very narrow view.

We don’t have a social safety net in the United States. The poverty line is an outdated metric. Look around. Widespread poverty. Homelessness across the country. Deaths of despair are skyrocketing. Declining birth rate. Increased maternal mortality. Private equity buying up housing as a spec investment vs housing for people. Real wages have been stagnant since the 70s. Toxic individualism. Zero community. Zero civic engagement. People don’t see a future anymore.

Don't you think our response to China has also been one of jealousy and envy?! After all, they managed to catch up in 25-30 years and we are acting like sour grapes. They have accomplished in in 40 years what took US 230 years to do!

Whatever you do, China is not Iraq, China is not Japan, China is not Soviet U. China is just development minded country like any country, regardless size. You just have to take it, and respect it. There you have a meeting of values.

2 points I found objectionable: #2 - China's false narrative. The century of humiliation. His assertion is that rather than admitting China’s blunder of not partaking in the 1st industrial revolution, the current China leadership is using the humiliation China suffered to blame the imperial west. That is the most absurd notion I've ever heard. Clearly, this man has no clue about the temperament and makeup of Asian people and Chinese in particular. China has already moved on from the century of humiliation. Nobody in China is holding any grudges against the imperial west. They have blamed nobody but themselves for being weak and helpless. The country collectively has pulled itself out of utter miseries and destruction...not easy, but she's done it. The leadership is simply reminding the people the predicament the country was once in -- being ravaged and pillaged by foreign aggressors, and therefore must persist and stay on course to a brighter future. What's wrong with that? #2 - Xi Jing Ping made a huge blunder to side with Russia on the Ukraine war. The man suggested that Xi should toe the line of the west so as to be welcome as an hero to join the exclusive club. Xi might even be nominated for the Nobel Peace prize, so the man said. Obviously, our expert here is blaming the Ukraine crises all on Putin and denying any culpability of the west for aggressively expanding NATO right to Putin's doorstep. Has he not heard of the Monroe Doctrine so eagerly defended by the US? Has it not occured to him that the same notion might also apply to Russia? Moreover, years before the Ukraine crisis, it was clear that the US has placed China on its gunsight: "pivot to Asia" which is the codeword for bringing down China a peg or two, relentless demonizing of the Chinese leadership and Xi in particular, irresponsble fear-mongering of the China threat, trade war, tech wars against China's most successful tech firms, chip war, groundless accusation of genocide, condescending lecturing of democracy or the lack of, hollowing out the one-China policy, etc. etc. After all that, this man expects Xi to toe the line. Be real!

No one is supposed to invade another. Being weak militarily doesn't mean you are to be invaded and forced to buy narcotic from the stronger countries.

You know how to put an end to the blame game? Admitting one's mistakes, ask for forgiveness, and collaborate to implement systemic changes which address the flaws that caused the problems. This is where we need to direct our attention, before moving on to try and solve our common global issues.

I am persistently dismayed by our unending arrogance on the world stage. This country has been very good to me but it needs massive doses of humility injected in to the national psyche. The notion of American exceptionalism is a crock and needs to be mocked, relentless. There is a simple human characteristic that needs to be appreciated; nobody and I mean nobody, wants to be talked down to do and told what to do. That is true just as much for world leaders as it is for the guy who sits in the next cubicle up from you. Remember the BS we had to listen to about the Iraqis greeting us invading them with flowers? What plan do some of those so called experts live on?

And blaming China for not modernizing and missing the boat in industrialization is mind-boggling. As if to say that the plunder and the subjugation of the colonizers associated with industrialization are justified. No formerly subjugated people could forget the past - it informs their decision-making processes. China is determined not to be in the weak "position" again. China's path to becoming one of the superpowers is a different model without going to war, but by trading -- just the opposite of the means the West dominated the world.

The guest talked as if China misjudges hence should not “blame the US policy of containing China”. He was most likely lying rather than unaware of such policies. C’mon man, it does not take more than two brain cells to see what the US has been doing implementing that policy - you just need to open a map showing US military bases stationing around China’s boarders, not to say all the anti China narratives and trade war, tech war, etc etc. China, in reality, has been incredibly gentle when it “blames” such US policies. This guy isn’t to be trusted - of course he is not as he is at Yale, part of the US brainwashing apparatus. Negative views on China, according to many polls, went from lower 30% to nearly 100% within shorter than a few months when Trump openly started the anti China war (yes, it’s a war and it’s ongoing). Thank you MSM, Washington, “think” tanks, Hollywood, Harvard, Yale, NGOs, etc etc for your collaborative efforts to endure such an easy manipulation of the brains of the US public.

White man speak with forked tongue!

I love watching New Economic’s vids, but sometimes, with some of these former Wall St guests, like this gentleman, I can’t help being super skeptical. I ask myself, why did he work on Wall St for so long? He surely knew that his job was responsible for the biggest inequities in the world and he profited from it for years, decades even? And NOW HE’S COMING OUT AND TALKING ABOUT?? I love what Rob does, but sometimes it feels like there’s an ulterior motive.

Roach is not Anthony Blinken, but he has little ability to actually understand how China thinks.

I will definitely note that Roach is contextually challenged and has very little understanding of China let alone the USA's corrupt view of the world. Regardless of my doubts regarding Roach's qualities as a academic, I would still recommend that people read his writings, but with quite a bit of salt. This dialogue was filled with negative nonsense about China and its leadership.

The same "both sides" crap you hear everywhere else.

Stephen Roach said that both the US and China blamed each other in a misguided way. He said China was misguided to blame the US' containment policy for its failure to restructure its economy. The US expects China to restructure its economy to be more like the US -- especially to make its economy more financialized. That is the US' idea of progress So, when China didn't move in that direction, people in the US financial industry believed that China had failed to restructure its economy. I don't think China wants the US level of financialization at all. Who wants the 2008 financial market collapse? Also, even if China blamed the US one way or another, did China initiate hostile actions against the US? No, China only reacted to specific US hostile actions, such as the destructive trade war and sanctions.

Strange that he would think America has no meaningful global aspirations to dominance because it doesn't articulate them as such (as if keeping mum about your ambitions can't be part of a strategy to actualize them)...

"The Invisible Power of the Spirit" quote just gave me literal chills! (In a good, heartwarming way.) Powerful sentiment and masterful writing. As a US citizen I long to feel that for my country.... but doubt I'll ever be able to. I'm 72 and sadly can't imagine this country being one to be proud of in the short span of life left to me.

This guy is a snoozer. I thought I’d hear another interesting perspective versus the same crap you can hear on MSM.

Nothing new here, same old same....... still trying to find away to justify their errant behavior.

Psychopathic Zenophobia exists everywhere. Dressing it up with faux reasonableness is playing into the game and genuine Diplomacy has been allowed to decay. Some cause for less concern is that people mingle everywhere as well, and perfectly reasonable and tolerant acceptance of natural variations on the human theme are usually unremarkable. It should be talked about, but less exaggeration and silly propaganda is coming? Putin's war is a strong incentive to think.

Romain Rolland, portrayed by Zweig was not German but French which made a whole difference in the 1920s. Accuracy is important.

1) The Century Humiliation was about self-correction and reform instead blaming the "barbarians." It was actually a story of taking responsibility. We were arrogant and failed to adapt, and that the reason why every "barbarian" roamed freely in China. Barbarians do what barbarians always do, there's no point blaming the barbarians. This is not about Xi Jinping or the communist party. The narrative never changed since the late Qing Dynasty, Republic of China, and the People Republic of China. Even recently, it was tempting to cut ties with certain countries when facing the hate propaganda and containment from the UK and USA. But the same phrase from the Century of Humiliation still reminded us to "Adapt with time, reform and opening up". 2) The US is not trying to containing China? I like the joke. 3) If you put China into the non-aligned countries block, it makes perfect sense. Practically every of those countries refused to sanction Russia. You guys too focused on West vs Russia, and failed to see the 3rd power. 4) On the positive side, the Chinese mostly have a favorable view on the USA though unhappy with what the US is doing. After all, the economic and technological war doesn't spill any blood.

He is definitely not an expert on China! His opinion on China is biased, shallow, and ignorant! I feel sorry for his students who had to listen to his bull!

If you wanna be successful, you must take responsibility for your emotions, not place the blame on others. In addition to making you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life

At the end of the day infinite growth isn’t possible on a finite planet. Period. Capitalists will sacrifice all of us and the entire world for short term gains.

Awesome...

"History is indeed little more than the register of the crimes, follies, and misfortunes of mankind.", Edward Gibbon "All problems are caused by people whom I believe are different from me (sic).", me

A wise and good leader will lead his country toward prosperity, while a ignorant and bad one ...

"Enemy deprivation syndrome" and budgets that provoke competition in the Arms Race sort of explain themselves.

So now GERMANY... taking their expertise and its economy to the U.S... that's complicated... fancy blowing up the pipeline for a start...

The moment he tried arguing CN nationalist discourse was political arrogance, whereas US’ was that of merit from its historical struggles and its ability to overcome them, all the while somehow managing to ignore US exploitation abroad and CN’ own merits and historical struggles, that ir just flat out framing these as being “rhetorics”, that was the moment Americans arrogance and lack humility shone through the otherwise very excellent analysis of both countries’ “mental framework” on external politics. The world doesn’t need a leader, and the world certainly doesn’t need one that looks down on the rest of the world. We need to actually be able to lookout for each other, and that can only happen with leaders that are able to look at other countries with the “nationalist thinking” it does to its own. It sucks to realize how far we are from this when we hear this kind of thinking coming from someone as studied as he is.

What "inability or unwillingness to save"? This is such malarkey! Whoever sells anything to "us" and gets paid in USD must be willing to "save (in) USD" or find another who does to convert the USD they receive into anything else. We get goods and services, they get fiat USD. That's the long and the short of it. We have a gargantuan domestic market which can, in addition, support the profits and wages of billions of non-Americans. Finally, because we have a structural current account deficit (the Rest of the World sector has a structural financial surplus vis-a-vis the U.S.), we must run an at least as large government sector deficit to ensure the domestic private sector is not in deficit.

Chinese dream is not becoming number one power in the world. But Chinese dream will lead it to become number one power in the world. There is a subtle distincton between the two. Let me explain. China being a communist country, it leaders recognise, through thousands of years of Chinese history and culture, that any leader of China must satisfy the needs of its people otherwise they will be ultimately be thrown out by its people. So, we could see from each and every congress meeting, the congress made plans to imporove the living standard of Chinese. As there are 1.4billion Chinese, even if the earning per capita is only half of that of United States it will become the number one economic power in the world. Should China wishes to continue growing, it must remain friends to all nations the world. This was clearly ear-marked by Deng's visit to Japan. Over the last 10 years, electricity cost dropped, education cost dropped, medical expenses dropped. The Chinese government is now working on housing costs and it becoming cheaper. How many nations on earth could do that? No country could deny that China is one of the most important localmotive to drive the world economy. Next would be India and all ASEAN countries. Inevitably, US shares of world ecomony will drop as all these developing countries are rising. Unfortunately, the colonial sentiment of the Americans prohibits its politicain to face and accept this reality.

Nato expansion and Ukraine war created new weapons markets and profits for military industrial complex plutocrats and those in their payrolls. China is also excellent prospect after Russia. More wars mean more profits.

Have you heard what General Mark Milley said wrt China? On stage with defence secretary Austin, in public statement.

Don't forget Yu Maochun.

Force is force (misguided or otherwise). Force should be resolutely dealt with for as long as it takes, be met with greater force not with understanding or negotiation.

To many words, sin is not absent! Very subtle conversation implying US is so 'saintly' all past 250 years except 16 years of no war against vulnerable nations One's view does not confirm who's right, who's blaming another; it takes 2 hands to clap! Men did n do, GOD Saw n Sees, Rewarding each person/nation according to their words n works whether good or evil, including those those done in secret! 🧐

Has these guys been to China, n often, n also speak its language? ..u know what I mean?

Good grief. The American Dream is better than the Chinese Dream? Ridiculous...

Nothing said about the pitfall of Taiwan …. That’s a great relationship risk

I may not agree with everything said but I think this is still one of the more objective analyses from an American. Thank you.

we have a deficit only if you ignore the massive amount of american goods made and sold within china.

INET awfully pro capital in this one. What's going on?

This is a tremendous video - Thank you. Perhaps it is a shortcoming that it looks at China U.S. relations solely in terms of Economics. An additional great concern is China's expansionism of both hegemony and territory.

Both China and the US were born out of a revolution. In the case of the US where we inherited the priviledged position of English common law, the revolutionary fervor was due to over taxation by the English crown. The US colonials accepted their role as slave holders and white supremacy over people of color whether these colored people were black or indigenous red.The US revolutionary war did not impact on the liberation of people oppressed by white Europeans who already continued a tendency of stealing other péople´s lands through invasion and expropriation. The predatory practices of the West had already caused the massacre of millions in the Americas. This predatory practice continues to plague our world today. China had its own problems prior to the Chinese revolution that ended partly with the formation of a modern China that was still menaced by Western occupation of some of its territory and the US controlled Taiwan. China therefor, was not able to realize its dream of a united China and the expulsion of foreigners from Chinese soil. The enemy identified with capitalism and for a long time after 1949 China dreaded the possible invasion by the US. That was its greatest worry. The same sentiment must have been felt by many English-Americans shortly after the US was founded under THE ARTICLES OF FEDERATION. THE US FEAR CAME TRUE IN THE BATTLE OF 1812. In the case of China The US will cause another war over any attempt by China to unify Taiwan. In both cases the underdog iOS quite well prepared and the conclusions will be similar in scope. THERE IS NO MISUNDERSTANDING. IN THIS PRESENT PHASE OF CHINESE GOVERNANCE CHINA has identified the need to continue to enact reforms so that the Chinese consumer has a viable safety net so that consumer spending will continue to grow. Zero Covid19 policies will be relaxed while expanding medical facilities to protect the Chinese people. In this 5 year plan the emphasis is the education, hewalth and welfare of the Chinese people with special attention to recovering from the real estate crisis and slowly expanding trade. The US also under Biden is recognizing that we are behind China and other countries in infrastructure development6, 5g development and smart cities to name a few. Tjhere are over 600,000 people that6 are homeless and the middle-class is disintegrating. Stephen Roach is correct in his conclusions. Both China and the US must establish a permanent committee whose role must be to tackle all of the friction that has been caused by both parties and present rational solutions that eliminates ignorance, hatred and unnecessary posrturing. Both dreams of both nations are achievable when we start our dialogue with radical empathy. WE ARE HUMANBEINGS COLLECTIVELY SHARING A VERY FRAGILE PLANET. WISDOM DICTATES WIN-WIN SOLUTIONS FOR A SHARED FUTURE!!

Why would XJP want the Nobel Prize? It's a joke of a prize given only because you became the 1st Black POTUS? 🥵🥵🥵 🤣🤣🤣🤣🤣🤣🤣

This guest either intellectually dishonest or blind in geopolitics at best. China was western cross hear long before Ukraine crisis. The west long feared Sino-Russ partnership that might onday become great danger for their hegemony in the world. So they started first with Russia which according to the west smaller fish to fry. China could feel that so Xi, instead of longing for a Noble prize (meant for western puppet) he decided to defend his nation. Xi knew it perfectly well that even if he donate his skin to the west, western hatred against the Chinese is so much, that the west will continue humiliate his nation like before!!

Not bad, some insights. But too wordy--should be edited to a third the length

I had hoped to learn some enlightening insights. Stephen Roach failed me here. Totally.

@9:43 Mr Roach seems to regard the Pew research polls as being the most accurate polls. I'm afraid this inevitably reduces the credibility of the rest of the analysis. If this is what Mr Roach bases his understanding of the world on, I think the analysis may not accurately reflect the reality. I have yet to find one single Pew research poll relating to China that does reflect the true situation. Fortunately, I'm not alone in this view, and someone has even made a video to shed more light on this point : kzfaq.info/get/bejne/mqqlaZeb3LbUg30.html This is by no means a once off thing. This definitely seems to be THE norm for Pew research. As for the rest of this interview, I haven't yet finished watching the interview. But I do agree with much of what Mr Roach has to say thus far (up to about 20 minutes). I just thought I would point out this bit first before continuing with the interview.

Is this a Socialist channel? cause then it would be better to rename it to new "Ideological" Thinking. Plenty of examples from modern day China and Soviet Union for your personal, echo chambers thinking. If not let me know if there is any ground breaking thought mentioned in the "About" section than asking for free handouts, case and point the current UK free handouts and the NHS crisis. Good luck.

😝😝😝fake news🤣🤣🤣

You're talking BS...I am terminating watching this video...

Would be interested in writing a new book on something like "WHAT COME NEXT AFTER THE US & WEST HEGEMONY"?.

mental health professionals are urgently needed for those nuts