Former Deputy National Security Advisor Matt Pottinger has been one of the most influential figures in crafting U.S. policy towards China over the last 5 years. Here, Pottinger and Carson Block of Muddy Waters Capital discuss the evolution of China policy since the early 90s, the many “strategic blunders” the United States has made over that period and the current deficiencies that Pottinger believes need to be addressed. They focus specifically on economic policy, highlighting the incredible flows of US money pouring into opaque Chinese capital markets due to passive indexation, the inability of US regulators to hold Chinese issuers and their auditors accountable, and a myriad of other issues ranging from the potential for conflict in Taiwan and concerns around semiconductors supply chains to Chinese market manipulation.