China’s economy is slowing. Amid weak borrowing, slack investment, deflationary pressures and uneven growth, the evidence points to China slipping into a "balance sheet recession"—a phenomenon our guest, Richard Koo, first diagnosed during Japan’s lost decades of the 90s, and then identified in the financial crises of both Europe and the U.S.

The former New York Fed official, who has consulted governments and testified in the U.S. congress, spent decades analyzing how economies recover—or fail to recover—from balance sheet recessions. Koo explores what China must do to avoid stagnation, and lay out the stakes for global markets, trade, and investment.

The Call is brought to you by the US Chamber of Commerce Global Intelligence Desk.

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Ukraine is at a pivotal moment. As Great Powers seek to resolve the conflict, and vie for influence, questions are surfacing over what level of commitment—military, economic, and strategic—will be required to secure Ukraine’s future. Those questions have broader implications for both Europe and the global balance of power and ultimately will help shape trade and investment across strategic domains.

Our guest, General David Petraeus (Ret.), brings unparalleled insight into the evolving geopolitical landscape. Between 2001 and 2021, the conflicts in Iraq and Afghanistan were a primary economic and military focus of the United States. At the time, General Petraeus was one of the most senior U.S. military leaders involved in those wars and he shares his unique insights into the risks – and opportunities – that will emerge should the Ukraine war come to a negotiated settlement, and Kyiv begins rebuilding.

The Call is brought to you by the US Chamber of Commerce Global Intelligence Desk.

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The global landscape is undergoing profound shifts. The era of a U.S.-led, rules-based order is fading. In its place, we see a world driven by raw power, strategic rivalry, and shifting alliances—where military strength, economic leverage, and geopolitical maneuvering define who gets a seat at the table.

This episode's guest, SAIS’s Hal Brands, sees the Trump administration as likely to attempt a grand reset with Moscow, hoping to break Russia from its growing alignment with China. But will this gamble pay off, or will it only push Moscow and Beijing closer together? And what does this new world—in which success is determined by power—mean for businesses, global trade, and economic security?

The Call is brought to you by the US Chamber of Commerce Global Intelligence Desk.

Follow us on LinkedIn at: https://www.linkedin.com/company/global-intelligence-desk