
The Dig: Clash of Empires w/ Ho-fung Hung
Jacobin Radio
00:00
China's Position in the Global Economy Is a Differential From Russia
China and Russia occupy very different places in the global economy. This constrains China from pursuing anything like the autarkic strategy that Russia had tried to do ahead of the invasion though Russia's ability to insulate itself is coming up against very hard limits. The US can stop importing Russian oil but it cannot totally shut down all China export to the US because everything many things are relying on China's supply. It is a kind of a mutually assured destruction situation, says Peter Bergen.
Play episode from 01:05:40
Transcript


