On the eve of the upcoming Trump-Xi summit, Donald Trump's approach to China looks less like strategic competition and more like a search for a deal. In this episode, Richard McGregor speaks with Lowy Institute Nonresident Fellow and former Biden White House official, Thomas Wright, about what the Trump–Xi summit reveals, why the 2025 tariff war ended badly for Washington, and how the Democratic Party is reckoning with its own foreign policy legacy. Wright also makes the case that the world now faces not one American foreign policy, but two — and must plan accordingly.

You can access Tom Wright’s Lowy Institute Paper Inflection Point: Biden, Trump, and the Future World Order here: https://www.lowyinstitute.org/publications/inflection-point-biden-trump-future-world-order

More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including Spotify, YouTube and Apple.

Follow the Lowy Institute on our website, X, Instagram or LinkedIn.

On the eve of the upcoming Trump-Xi summit, Donald Trump's approach to China looks less like strategic competition and more like a search for a deal. In this episode, Richard McGregor speaks with Lowy Institute Nonresident Fellow and former Biden White House official, Thomas Wright, about what the Trump&ndash;Xi summit reveals, why the 2025 tariff war ended badly for Washington, and how the Democratic Party is reckoning with its own foreign policy legacy. Wright also makes the case that the world now faces not one American foreign policy, but two &mdash; and must plan accordingly.
You can access Tom Wright&rsquo;s Lowy Institute Paper Inflection Point: Biden, Trump, and the Future World Order here: <a href="https://www.lowyinstitute.org/publications/inflection-point-biden-trump-future-world-order">https://www.lowyinstitute.org/publications/inflection-point-biden-trump-future-world-order</a>
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Welcome to Lowy Institute Conversations – a podcast in which Lowy Institute researchers and some of the world’s leading experts delve into the big issues in international affairs.  

Welcome to Lowy Institute Conversations – a podcast in which Lowy Institute researchers and some of the world’s leading experts delve into the big issues in international affairs.

Lowy Institute Conversations

The Lowy Institute is a leading international think tank that looks at the world from Australia’s perspective.

This channel aggregates audio from across all of our event and podcast channels.

The Lowy Institute is a leading international think tank that looks at the world from Australia’s perspective.
This channel aggregates audio from across all of our event and podcast channels.

Lowy Institute

Welcome to Lowy Institute Conversations — a podcast in which Lowy Institute researchers and some of the world’s leading experts delve into the big issues in international affairs.

Welcome to Lowy Institute Conversations &mdash; a podcast in which Lowy Institute researchers and some of the world&rsquo;s leading experts delve into the big issues in international affairs.

Trump-Xi summit: Has America abandoned strategic competition with China?

For years, the conventional wisdom held that the United States retained a decisive lead over China in the technologies and industries that will define the 21st century. The 2025 report of the US–China Economic and Security Review Commission to Congress challenges that view, and its conclusions make for sobering reading.

Ahead of the Trump–Xi summit where trade and technology are on the table, the Commission finds that China has not only caught up with but in multiple sectors now leads advanced economies including the United States. From electric vehicles and solar panels to quantum computing pathways and pharmaceutical supply chains, Beijing’s combination of state direction, entrepreneurial competition, and sustained investment has produced results that Western policymakers are only beginning to reckon with.

In this episode, the Lowy Institute's Richard McGregor speaks with Randy Schriver and Mike Kuiken — vice-chairs of the Commission — about what their report found and what it means. They discuss China’s model of directed innovation, the case for a consolidated US economic statecraft entity, the multiple “choke points” China now holds over industrialised economies, and what sustained engagement in the Pacific, including by Australia, must look like to be effective. They also assess the military situation around Taiwan and the second-order implications of the ongoing conflict with Iran.

Randy Schriver served as Assistant Secretary of Defense for Indo-Pacific Security Affairs in the first Trump administration. Mike Kuiken is a Distinguished Visiting Fellow at Stanford University’s Hoover Institution and a former senior adviser to Senate Majority Leader Chuck Schumer.

More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including Spotify, YouTube and Apple.

Follow the Lowy Institute on our website, X, Instagram or LinkedIn.

For years, the conventional wisdom held that the United States retained a decisive lead over China in the technologies and industries that will define the 21st century.&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.uscc.gov%2Fannual-report%2F2025-annual-report-congress&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7C01268c5c04394021422608deafbff079%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639141436078845007%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=B14DuMHpQYEGCyR5pSi2oRKcbxRkJzi4vGBi39s9slM%3D&amp;reserved=0">The 2025 report of the US&ndash;China Economic and Security Review Commission to Congress</a> challenges that view, and its conclusions make for sobering reading.
Ahead of the Trump&ndash;Xi summit where trade and technology are on the table, the Commission finds that China has not only caught up with but in multiple sectors now leads advanced economies including the United States. From electric vehicles and solar panels to quantum computing pathways and pharmaceutical supply chains, Beijing&rsquo;s combination of state direction, entrepreneurial competition, and sustained investment has produced results that Western policymakers are only beginning to reckon with.
In this episode, the Lowy Institute's Richard McGregor speaks with Randy Schriver and Mike Kuiken &mdash; vice-chairs of the Commission &mdash; about what their report found and what it means. They discuss China&rsquo;s model of directed innovation, the case for a consolidated US economic statecraft entity, the multiple &ldquo;choke points&rdquo; China now holds over industrialised economies, and what sustained engagement in the Pacific, including by Australia, must look like to be effective. They also assess the military situation around Taiwan and the second-order implications of the ongoing conflict with Iran.
Randy Schriver served as Assistant Secretary of Defense for Indo-Pacific Security Affairs in the first Trump administration. Mike Kuiken is a Distinguished Visiting Fellow at Stanford University&rsquo;s Hoover Institution and a former senior adviser to Senate Majority Leader Chuck Schumer.
More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fopen.spotify.com%2Fshow%2F1CMTUWiszBFIq3UoIXW7mJ%3Fsi%3D9a8671e772364062%26nd%3D1%26dlsi%3Da2545d11f6f34d6e&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324026127%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=vuuqYi2Ge46zIai6AQv1GEshCFdMvxChf%2Fu8FiOEu8A%3D&amp;reserved=0">Spotify</a>,&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.youtube.com%2Fplaylist%3Flist%3DPL0bvjLds5_8SzwlqtE2U1NjCD3ftO3-QZ&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324051410%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=SNKL4SD1uY8Q%2BE6u5GTyCvbVkKnFC5DpG8c5NQLkFrA%3D&amp;reserved=0">YouTube</a>&nbsp;and&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fpodcasts.apple.com%2Fau%2Fpodcast%2Flowy-institute%2Fid191062366&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324065273%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=kHVnZP0Ul0I70SDl4wRsQqBnybDrUbNB8Wv%2BSm6%2FuOw%3D&amp;reserved=0">Apple</a>.
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Catching up and pulling ahead: Inside America’s 2025 China report

Samir Puri, former UK diplomat and author of Westlessness: The Great Global Rebalancing, joins Transnational Challenges Program Director Lydia Khalil to explore the long decline of Western dominance in world affairs. They discuss why the rise of the non-West is about far more than China's challenge to the United States, and how the BRICS bloc is reshaping global networks. They also explore what a more multipolar world means for a country like Australia — Western by heritage, but increasingly embedded in Asia.

More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including Spotify, YouTube and Apple.

Follow the Lowy Institute on our website, X, Instagram or LinkedIn.

Samir Puri, former UK diplomat and author of Westlessness: The Great Global Rebalancing, joins Transnational Challenges Program Director Lydia Khalil to explore the long decline of Western dominance in world affairs. They discuss why the rise of the non-West is about far more than China's challenge to the United States, and how the BRICS bloc is reshaping global networks. They also explore what a more multipolar world means for a country like Australia &mdash; Western by heritage, but increasingly embedded in Asia.
More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fopen.spotify.com%2Fshow%2F1CMTUWiszBFIq3UoIXW7mJ%3Fsi%3D9a8671e772364062%26nd%3D1%26dlsi%3Da2545d11f6f34d6e&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324026127%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=vuuqYi2Ge46zIai6AQv1GEshCFdMvxChf%2Fu8FiOEu8A%3D&amp;reserved=0">Spotify</a>,&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.youtube.com%2Fplaylist%3Flist%3DPL0bvjLds5_8SzwlqtE2U1NjCD3ftO3-QZ&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324051410%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=SNKL4SD1uY8Q%2BE6u5GTyCvbVkKnFC5DpG8c5NQLkFrA%3D&amp;reserved=0">YouTube</a>&nbsp;and&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fpodcasts.apple.com%2Fau%2Fpodcast%2Flowy-institute%2Fid191062366&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324065273%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=kHVnZP0Ul0I70SDl4wRsQqBnybDrUbNB8Wv%2BSm6%2FuOw%3D&amp;reserved=0">Apple</a>.
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 The decline of the West: Samir Puri on “Westlessness” and the new global order

When Iran deterred shipping from the Strait of Hormuz following Operation Epic Fury, it sent shockwaves through global energy markets and exposed uncomfortable truths about Australia's dependence on maritime trade. 
 
Jennifer Parker, a Nonresident Fellow at the Lowy Institute and former Royal Australian Navy warfare officer, joins Research Fellow Charlie Lyons-Jones to explain what a naval blockade means for the crisis. They also unpack Australia’s new National Defence Strategy and discuss why Australia’s surface combatant fleet is the smallest it's been since the 1950s.

This episode was recorded on Wednesday 15 April 2026.

More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including Spotify, YouTube and Apple.

Follow the Lowy Institute on our website, X, Instagram or LinkedIn.

When Iran deterred shipping from the Strait of Hormuz following Operation Epic Fury, it sent shockwaves through global energy markets and exposed uncomfortable truths about Australia's dependence on maritime trade.&nbsp; &nbsp; Jennifer Parker, a Nonresident Fellow at the Lowy Institute and former Royal Australian Navy warfare officer, joins Research Fellow Charlie Lyons-Jones to explain what a naval blockade means for the crisis. They also unpack Australia&rsquo;s new National Defence Strategy and discuss why Australia&rsquo;s surface combatant fleet is the smallest it's been since the 1950s.
This episode was recorded on Wednesday 15 April 2026.
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Trump-Xi summit: Has America abandoned strategic competition with China?

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