Chinese leader Xi Jinping has unleashed a powerful set of political and economic reforms: the centralization of power under Xi, himself, the expansion of the Communist Party's role in Chinese political, social, and economic life, and the construction of a virtual wall of regulations to control more closely the exchange of ideas and capital between China and the outside world. Beyond its borders, Beijing has recast itself as a great power, seeking to reclaim its past glory and to create a system of international norms that better serves its more ambitious geostrategic objectives. We also explore some of the most current issues including COVID, Hong Kong, and the upcoming Olympics. To help explain all of this, we interview Dr. Elizabeth Economy who is a senior fellow at the Council on Foreign Relations and Hoover Institute. She has written numerous books on China including The Third Revolution: Xi Jinping and the New Chinese State. She is also author of By All Means Necessary: How China's Resource Quest is Changing the World with Michael Levi and The River Runs Black: The Environmental Challenge to China's Future. She has published articles and scholarly journals in Foreign Affairs, Foreign Policy, and the Harvard Business Review, and op-eds in the New York Times and Washington Post, among others. In June 2018, she was named one of the “10 Names That Matter on China Policy” by Politico Magazine.