Is China’s Economic Rise Overhyped? Debunking the Myth of an ‘Inevitable’ Superpower | Ep. 51

In this episode of Elevated Thoughts, guests Ben A. Vagle (Treasury policy analyst) and Stephen G. Brooks (Dartmouth professor) challenge the conventional narrative about China’s economic prowess. #china #economy #policy Based on their upcoming book, Command of Commerce: America’s Enduring Economic Power Advantage Over China, they reveal why China’s rise may be more overhyped than it appears. Discover how traditional metrics like GDP fail to capture true economic power, why multinational corporations and high-tech innovation keep America ahead, and how tariffs, global alliances, and overcapacity play into this complex rivalry.📖 Preorder our guest's book → CommandofCommerce.com🛍️ Support Elevated Thoughts by shopping our affiliate link! https://www.amazon.com/shop/broopersimms🧠 Find more from us → http://www.ElevatedThoughtsPod.comWe are also on YouTube and Apple Podcasts!🎧 YouTube → https://www.youtube.com/@ElevatedThoughtsPod🎙️ Apple Pods → https://podcasts.apple.com/us/podcast/elevated-thoughts/id1736414535💬 What do you think? Comment below!00:00 Introduction to the US-China Economic War02:26 Understanding the Treasury's Role in Economic Strategy04:54 The Genesis of the Book: Research and Insights07:32 Challenging Conventional Wisdom on US-China Relations09:38 Economic Metrics: Profits vs. GDP12:37 The Complexity of Global Supply Chains15:41 The Semiconductor Industry: A Critical Choke Point18:38 The Importance of Multilateral Alliances20:52 Leveraging Economic Relationships with China23:38 The Risks of Unilateral Actions26:55 The Future of US-China Relations: A Balanced Perspective29:39 China's Economic Perception vs. Reality31:03 The Dynamics of U.S.-China Relations33:00 Understanding China's Overcapacity Crisis37:00 The Impact of Tariffs on Global Trade41:08 The Role of Allies in Constraining China44:57 The Future of Manufacturing in the U.S.49:06 Strategic Use of Tariffs and Economic Policy