Xi Jinping just got a rare third term as the head of China’s ruling Communist Party. But having so much power comes with big tradeoffs and implications for China — and the rest of the world.

Zero-COVID is saving Chinese lives, yet killing the Chinese economy. And the West is wary of Xi’s increasingly muscular foreign policy.

On GZERO World, Ian Bremmer speaks to Antoine van Agtmael, the investor who coined the term “emerging markets” and knows a thing or two about China. His prediction: that the 21st century will be a Chinese Century, with Washington playing second fiddle to Beijing.

For van Agtmael, that means a world that’ll be “less nice” because human rights will take a backseat and the forces of globalization will be weaker. China will lead one power bloc and the US the other.

Watch more at GZERO