China's role in the global arena, particularly in the context of supporting Russia's war in Ukraine, highlights its evolving influence in shaping international dynamics. China’s backing of Russia extends beyond diplomacy to include economic and technological support, which has helped Russia soften the impact of Western sanctions. This support reflects China’s broader strategy of aligning with authoritarian regimes, challenging Western dominance, and reshaping the global order. To explore this critical issue, the Center for the Study of Democracy organized an online discussion held on October 9.
The discussion featured a distinguished panel from the Wall Street Journal and other leading institutions:
John Bussey, Associate Editor – New York, The Wall Street Journal;
James McGregor, Chairman of Greater China – APCO Worldwide; and
Andrew Brown, Partner – Brunswick Group.
The panelists examined China’s pressing economic challenges, including slowing growth, rising debt levels, and significant hurdles in its real estate and technology sectors. As these issues grow, they may compel China to reconsider its stance and re-engage with the global order in a more constructive manner. China’s prior economic success has relied on its deep integration into the global economy, benefiting from robust trade, investment, and technological exchange. The panelists highlighted that a prolonged economic downturn could drive Beijing to improve relations with Western countries and international institutions. This would represent a strategic shift, balancing its authoritarian alliances with the practical need for economic stability and growth, ultimately impacting global governance and international relations.