“Expert Journalist Discusses China’s Uncertain Future on Taiwan and Economic Decline in Recent Webcast”
During a recent Walker Webcast, journalist and Pulitzer Prize winner Evan Osnos shared his insights on the current state of China. In an active voice, he stated that predicting Xi Jinping’s actions regarding Taiwan is impossible as nobody truly knows what will happen. Osnos also discussed the country’s economic decline in his New Yorker article titled “China’s Age of Malaise,” where he highlighted the drop in exports and rise in debt.
In contrast to previous years when China seemed determined to avoid repeating past mistakes, Osnos noted that their Communist Party is now heavily involved in citizens’ personal lives. This intrusion has caused frustration among young Chinese people who believed they would have some control over their own lives despite political loyalty.
Osnos also touched upon Western businesses’ expectations for a more autocratic but welcoming environment for foreign investments; however, recent events have shown otherwise. He emphasized President Xi Jinping’s focus on self-reliance rather than hiding strength or biding time with the West.
The webcast was prompted by comments from a commercial real estate colleague who expressed concerns about investing money into the US due to its current political climate under Speaker of House Mike Johnson and potential future presidents Joe Biden or Donald Trump. The discussion concluded with further analysis from both parties regarding these concerns.
Overall, Osnos believes that Johnson is untested as a leader but remains hopeful for positive outcomes moving forward. Replays of this insightful webcast can be found through various channels such as YouTube, Spotify,and Apple under “Walker Webcast.”
