The new China playbook: beyond socialism and capitalism | LSE Event

75,221
0
Published 2024-02-20
China is a formidable and emerging power on the world stage, and its booming economy is the second largest in the world. Yet Western economists have long been incorrectly predicting its collapse. Why do they keep getting it wrong?

Because, according to Keyu Jin, the Chinese economy that most Westerners picture is an incomplete sketch, based on Western dated assumptions and incomplete information. We need a new understanding of China, one that takes a holistic view of its history and its culture. Professor Jin will be presenting The New China Playbook, a revelatory, clear-eyed, and myth-busting exploration of China’s economy, how it grew to be one of the largest in the world, and what the future may hold.

Speaker:
Professor Keyu Jin

Chair:
Professor Francesco Caselli

#China #Events #London

Full details/attend: www.lse.ac.uk/Events/2024/02/202402201830/china

To turn on captions, go to the bottom-right of the video player and click the icon. Please note that this feature uses Automatic Speech Recognition (ASR) technology, or machine generated transcription, and is not 100% accurate.

All Comments (21)
  • @timrichardson518
    low cost Chinese imports - that's how China affects my life (I live in Florida). China is not a military threat to the USA. Answer me this: which country has military bases encircling the other?
  • @willgates8383
    Excellent presentation as always. This is so refreshing to hear a professional assessment of China based on fact and not on Geopolitical narratives trying to advance a narrative. Hopefully this video gets the number of viewers that it’s due.
  • @ThangboiOM
    How could someone be so intelligent, so pretty, so well educated and so articulate!
  • @bobguard
    It is certainly refreshing to hear an English-speaking Chinese economist who, knows both the Western and Chinese models of economic success and malaise, to be able to present such a succinct and clear comparison of the socialist and capitalist impact on a country's economic development.
  • @HK-tj8tf
    China engages in governance not politics.
  • Her father was China's Vice minister of economics and now I think Chairman of AIIB. Brilliant daughter like her father. The west should sit up and listen to her wise counsel.
  • @chew5461
    @25:14 Why should China become a free market economy?? In another word, a capitalist economy?? China should and MUST continue its Socialist economy. China will continue to distribute wealth among its citizens unlike the US economy where the top ten percent of Americans hold nearly 70 percent of U.S. wealth. There are still poor people in China and China must raise their standard of living.
  • @user-om6cb2fx2t
    A great eye-opening of China model. Something new I just learnt and value it. Greatly appreciated.
  • @ashrafalam6075
    Respected, China 's success story is only one word Governance. It's immaterial which form of political system. Their government is delivering to their nation. Poor nations are not lack of resources, it's how they use it.
  • @roc7880
    as a non-expert, I wonder how important is the role of state-run and owned companies in China? also, how important is the role of workers organizations and activism, beyond unions, in shaping economic policy?
  • @DaniloAcamp
    No subtitles (cc) available ...:face-purple-crying:
  • @lpd7346
    It would be interesting if the history of development, transition between the old state controlled model and the free market model was brought along, comparison not only to India, but to the other Chinese models such as Hong Kong and Taiwan, could be discussed.
  • @Myway0107
    Is Tsai Yin-wen’s, Taiwan president, Doctoral degree from LSE fake?
  • @kalipotmeng
    Prof. Jin plays a very welcome role as a bridge between china and the west. I would loved to hear more about how China should solve the demand problem as Michel Pettis highlights. Prof. Jin only slightly touched upon this huge issue. Further, if china wants to become a bigger smarter Germany, China needs to study the German famous vocational education system. I'd loved to hear whether and how China wants to do it; or every Chinese family still wants their child to go to the university? If so, China will never become that.