#86 Dan Wang: Will China Rule the 21st Century?

The podcast features Dominik Presl interviewing Dan Wang, a fellow at the Hoover Institution at Stanford and author of "Breakneck." Wang discusses his book's core thesis: China is led by engineers, enabling rapid building and scaling, but also leading to catastrophic decisions. The conversation explores China's ambition to reclaim its historical status as a global economic center, its technological advancements, and its ability to identify and invest in future industries. Wang reframes the notion of China's success being solely state-planned, emphasizing the role of risk-tolerant entrepreneurs and a competitive marketplace. The discussion also covers the similarities and differences between China and the former Soviet Union, the impact of state control on innovation, and the potential challenges and strengths of China's economic and political systems.