Wang: 30-year US bet that markets would liberalize China failed
Dan Wang · China vs America: The Battle for Global Dominance Explained | Dan Wang interview · Invest Like The Best · Oct 16, 2025 · at 57:10
Dan Wang, author of 'Breakneck', reflects on the failure of post-Cold War Western assumptions regarding China's political evolution.
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“The US strategy over the last 30 years has been to kind of hope that markets and the internet will change China for the better and change this Communist system into something more like a liberal democracy. And that bet has not worked out.”
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