’Walking the tightrope’: How China is balancing geopolitics and economics

Dennis Shen, macroeconomist and director of sovereign ratings at Scope Ratings, speaks with Taylor Pearce, economist at OMFIF, about China’s economic relations with the US and Europe in the global macroeconomic and geopolitical landscape. Shen discusses how China is balancing its political and economic interests in the face of western sanctions on Russia, assesses the future of the renminbi as a reserve currency and concludes with his outlook for China’s economy and future influence, including how China’s slowing growth may affect the country’s soft power objectives.