Associate Director
Charlie Vest is an Associate Director on Rhodium Group’s corporate advisory team, managing client advisory and work on US economic policy on China.
ChinaCharlie supports Rhodium Group’s research for corporate clients on the Chinese economy, US tech and economic policy, and cross-strait relations. In this role, he leads scenario planning work, combining deep analysis of geopolitical, economic, and technology trends to help business leaders anticipate developments around China and the global economy.
Charlie holds a Master’s degree in Chinese Economic and Political Affairs from UC San Diego and a Bachelor’s degree in International Affairs from Colorado State University, with exchanges at the Beijing Foreign Studies University. Charlie is a non-resident research fellow at the National Bureau of Asian Research. Previously, he worked in Beijing as a researcher at the China Energy Storage Alliance, a clean energy trade association.
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In deploying a fresh wave of duties on a short list of strategic products, the Biden administration is highlighting the China dependencies that it wants to break while also inadvertently providing China with a target list for retaliation.
Report
Although China is developing capacities that are making its economy more resilient to Western sanctions, reciprocal economic statecraft measures would exact a heavy financial toll on the G7, China itself, and the global economy.
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China may see a cyclical recovery to perhaps 3.0-3.5% growth in 2024 as the property sector bottoms out, but structural slowdown will remain the dominant story for years to come.
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The proposed approach targets a smaller set of technology categories, but uncertainties in the regulatory draft language raise questions about its ultimate scope.
