The Great Divergence Between East and West

In this episode of Short Briefings on Long-Term Thinking, Malcolm Borthwick interviews Roddy Snell about the Chinese economy and investment opportunities. Snell discusses China's rapid recovery from the pandemic, noting that strong companies have become even stronger. He contrasts China's economic approach to that of the West, highlighting China's growth potential and under-ownership in global funds. Snell also addresses the increasing tensions between the US and China, suggesting this may ultimately benefit China by spurring innovation and self-sufficiency. He shares how the crisis has accelerated the adoption of technology in China and provides an example of how a moment of serendipity led to an investment opportunity in Li Ning, a Chinese sportswear company.