Re: [Salon] Overholt on "China's Future"

To: Ken Weisbrode <weisbrode@gmail.com>, Chas Freeman <cwfresidence@gmail.com>

Subject: Re: [Salon] Overholt on "China's Future"

From: Clyde Prestowitz <presto@econstrat.org>

Date: Fri, 11 Nov 2022 03:00:45 +0000

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Thread-topic: [Salon] Overholt on "China's Future"

I have known Bill Overholt for a long time and like and respect him. I watched his presentation on U tube and found myself generally in agreement with his analysis of the current state and prospects of the Chinese economy.

I am not sure about his analysis of how China’s politics has worked and is presently working or may work in the future. One thing he did not address was imbalance between the political power of global business leaders in the west and in China where they have no political power, indeed, where they subject to tremendous pressure. I would like to have heard more about that.

I found his analysis of the trade and globalization situations ill informed and superficial. He significantly mentioned Japan and compared U.S. policy toward Japan to that toward China. Since I was at the center of the U.S.-Japan trade wars, I can say with some confidence that Bill is way off base in his analysis of what the situation was and how we handled it.

I have the feeling that his understanding and analysis of the competitive and trade situation between the U.S. and China is a bit simplistic.

From: Salon <salon-bounces@listserve.com> On Behalf Of Ken Weisbrode via Salon
Sent: Thursday, November 10, 2022 1:26 AM
To: Chas Freeman <cwfresidence@gmail.com>
Cc: salon@listserve.com
Subject: Re: [Salon] Overholt on "China's Future"

What do Salon think about Bill Overholt's claim that the folly of declaring general economic/technological war on China exceeds that of Bush's Iraq war and Johnson's 1965 escalation decision in Vietnam? And what about Larry Summers' final point about knowing the differing positions within governments: Who in the administration is promoting this war? Who is opposing it? What are the arguments for and against? And why did Biden decide the way he did?

On Thu, 10 Nov 2022 at 02:06, Chas Freeman via Salon <salon@listserve.com> wrote:

On November 7, Bill Overholt, a former salon speaker, gave a lecture at Harvard, moderated by former Treasury Secretary Larry Summers, on “China’s Future.” Here is the text, which merits a close reading.

The text does not include the fascinating subsequent exchange with Larry Summers. That part includes Bill Overholt's explanation of why Biden’s China policies earn him an overall foreign policy grade of D-plus and why a large part of modern political economy scholarship has jumped the tracks. The full session is available on YouTube: https://www.youtube.com/watch?v=o-PkcXprZhc

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References:

[Salon] Overholt on "China's Future"
- From: Chas Freeman <cwfresidence@gmail.com>
Re: [Salon] Overholt on "China's Future"
- From: Ken Weisbrode <weisbrode@gmail.com>

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