“China’s economic model is structurally dependent on weak domestic consumption and large manufacturing surpluses, generating an intrinsic dependence on external demand. The problem with global imbalances is that someone has to absorb these imbalances, which creates an intrinsic push in China’s diplomacy toward the Gulf as an alternative absorber, as Western markets— particularly the US market —are becoming more defensive.”
Enrico Fardella (T.wai & University of Naples “L’Orientale”) is interviewed in the episode “The US China Summit and the Future of the Middle East” of the podcast of the Middle East Council on Global Affairs.
Head of Project
Prof. Enrico Fardella is Associate Professor of International History and Area Studies at the Department of Social and Human Sciences of the University of Naples "L’Orientale". He is Director of T.wai's ChinaMed Project.
“China’s economic model is structurally dependent on weak domestic consumption and large manufacturing surpluses, generating an intrinsic dependence on external demand. The problem with... Read More
