Future Hindsight

Superpower Showdown: Jane Perlez

Mar 12, 2026
Jane Perlez, Pulitzer-winning reporter and former NYT Beijing bureau chief, offers a front-row perspective on U.S.-China relations. She covers China's rising military and economic reach, how young Chinese view the future, shrinking press freedom, Belt and Road local impacts, and whether the U.S. can retain soft power and global leadership. Short reading and travel tips finish the conversation.
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INSIGHT

China's Gen Z Faces A Demographic And Economic Crisis

  • Chinese Gen Z faces 'garbage time' with ~20% unemployment, reducing marriage and birth rates and creating social strain.
  • Perlez links this to the legacy one-child policy and youth retreating from big cities to rural life.
INSIGHT

Chinese Soft Power Lacks Resonance

  • China struggles to project soft power effectively despite heavy investment.
  • Perlez and guest Da Wei note Chinese broadcasts and 'gimmicks' like panda toys lack emotional resonance compared with longstanding U.S. cultural influence.
INSIGHT

Belt And Road's Returns Are Mixed

  • Belt and Road had early wins but created debt problems and diminishing returns.
  • Perlez cites Zambia's heavy debt and Indonesia's underused Jakarta-Bandung train as examples of projects that may be more for show than broad development.
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