EPISODE · May 14, 2026 · 16 MIN
China warns of the Thucydides Trap
from NAB Morning Call
Friday 15th May 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABChina has tried to establish the upper hand at the Beijing Summit by warning of the Thucydides Trap – a phenomenon where a rising dominant power challenges the old guard, It invariably ends in war. It was a bold way to kick off a summit, where Iran seems to have had less focus than Taiwan. Meanwhile, US equities continue to ride high on AI adrenalin, helped by stronger than expected retail sales. UK GDP also came in better than expected, but the impact negated by politicians jockeying for the overthrowal of the Prime Minister. And NAB’s customer data showed a dip in spending in April. Today, the end of the summit and maybe we’ll hear more from the President once he’s back on home turf. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Friday 15th May 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABChina has tried to establish the upper hand at the Beijing Summit by warning of the Thucydides Trap – a phenomenon where a rising dominant power challenges the old guard, It invariably ends in war. It was a bold way to kick off a summit, where Iran seems to have had less focus than Taiwan. Meanwhile, US equities continue to ride high on AI adrenalin, helped by stronger than expected retail sales. UK GDP also came in better than expected, but the impact negated by politicians jockeying for the overthrowal of the Prime Minister. And NAB’s customer data showed a dip in spending in April. Today, the end of the summit and maybe we’ll hear more from the President once he’s back on home turf. Hosted on Acast. See acast.com/privacy for more information.
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China warns of the Thucydides Trap
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