China vs America: The Battle for Global Dominance Explained | Dan Wang interview

In this interview, Patrick O'Shaughnessy speaks with Dan Wang, a research fellow at the Hoover Institution, about his book "Breakneck," which explores China's quest to engineer the future. Wang describes China as an "engineering state" that seeks to engineer not only its physical environment and economy but also its people. He contrasts the American model of innovation, which emphasizes individual genius and creativity, with the Chinese approach, which focuses on manufacturing excellence, process knowledge, and scaling up existing technologies. Wang argues that China's ability to quickly iterate and solve problems on the shop floor, combined with its vast manufacturing workforce, has allowed it to become a technological superpower. They discuss the similarities and differences between the U.S. and China, the potential for future conflict, and the challenges and opportunities for American businesses and policymakers.