“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
Enrico Fardella is Director of the ChinaMed Project developed by the TOChina Hub, an integrated academic platform of the University of Torino, T.wai and ESCP Business School. He is Associate Professor at the University of Naples “L'Orientale” and Visiting Scholar at John Cabot University.
“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
