Correction: Has China Peaked?

A debate on whether Beijing's economic woes are temporary or terminal.

VIEW IN BROWSER  ON DEMAND NOW A debate on whether Beijing's economic woes are temporary or terminal. Editor's Note: An earlier version of this email contained information about an upcoming event. The content below is directly related to the debate between Keyu Jin and Michael Beckley on whether China's economy has peaked. For much of the past several decades, there was widespread consensus that China's continued rise was inevitable. But in recent years, an alternative school of thought has become popular: China has already peaked. Which theory is correct? It depends on who you ask. In 2021, Michael Beckley argued in FP that China's demographic challenges and a decline in productivity would lead to economic stagnation. Together with his Danger Zone co-author, Hal Brands, Beckley made the term "Peak China" mainstream. But Keyu Jin, the author of The New China Playbook, counters that Beijing could helm the world's largest economy within the next decade—if it continues its innovative approach to local competition. Beckley and Jin aired out their perspectives in a debate on FP Live. Beckley builds on his previous work to make the case that a combination of demographics, debt, and geopolitical headwinds will severely restrain China's rise. Jin counters by pointing to China's dynamic youth population in the form of 400 million millennials and argues that Beijing's economic model is, in fact, highly decentralized, friendly to investors, and nimble. CATCH UP ON THE FULL CONVERSATION Watch the full interview.  See highlights from this FP Live. Read a condensed and edited transcript. REGISTER FOR UPCOMING FP LIVE CONVERSATIONS Foreign Policy for the Middle Class, Explained August 1, 2023  |  11:00 AM EDT As a member of Biden's Council of Economic Advisers and chief economist of his Invest in America Cabinet, Heather Boushey is one of the primary intellectual architects of the U.S. approach to inequality, growth, and job creation. Boushey will join FP's Ravi Agrawal for a wide-ranging discussion on the U.S. economy. FP subscribers are encouraged to send in questions in advance. Register here. WATCH OTHER RECENT CONVERSATIONS How to Reset the U.S.-China Relationship U.S. Rep. Ro Khanna says Washington needs to rebalance its economic relationship with Beijing. Khanna joined FP editor in chief Ravi Agrawal for an in-depth discussion about not only China, but also Ukraine, U.S. national security priorities, trade policy, and more. How the Wagner Rebellion Impacts Putin's War Where is Russia's war in Ukraine headed? Will Wagner's forces reemerge on the battlefield? And has Putin been weakened by the most public mutiny in his time in power? For answers, FP's Ravi Agrawal spoke with Andrea Kendall-Taylor, a senior fellow and the director of the trans-Atlantic security program at the Center for a New American Security. This email was sent to ooseims.archieves@blogger.com because you are opted-in to receive notifications about FP Live programming. Manage your FP Live email preferences. MANAGE YOUR EMAIL PREFERENCES  |  VIEW OUR PRIVACY POLICY  |  UNSUBSCRIBE  Reach the right online audience with us. Foreign Policy is a division of Graham Holdings Company. All contents © 2023 Graham Digital Holding Company LLC. All rights reserved. Foreign Policy, 655 15th St NW, Suite 300, Washington, DC, 20005.