On the 70th anniversary of the founding of the People's Republic of China, has CCP Chairman Xi Jinping overreached? He's facing blowback everywhere from Hong Kong to Xinjiang amid an escalating trade war with the US. Even his signature infrastructure project, the Belt and Road Initiative, has run into trouble. Is the world entering a new cold war? We ask former Obama administration Asia advisor Charles Edel, now with the University of Sydney, and the Lowy Institute's Richard MacGregor, who is the author of Xi Jinping: The Backlash.

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