📺 WATCH: How China Took the Market—and How the U.S. Gave It Away

How did China go from economic underdog to global power player—and why did the U.S. hand over the keys? In this episode of Capital & Power, economist Christopher Balding lays out the brutal truth behind America’s economic retreat. We get into the strategy China used to quietly corner the global supply chain—and how the U.S., blinded by free-market idealism and bad assumptions, played right into it. From AI and data power to rare earth chokeholds and the collapse of globalization as we knew it—this is the side of the story most won’t touch.