Exclusive interview with Jin Keyu on China's 2024 economic forecast

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www.cgtn.com/video
China has set a 2024 economic growth target of around 5 percent according to the latest government work report. Meanwhile, the country has also vowed to enhance frontier technology research, further expand domestic demand, and open its market further to foreign investors, just to name a few. What is China's economic outlook in 2024? What challenges does it face and what reforms does it need to ensure sustainable growth in the long term? On China's 2024 economic forecast, we have invited Jin Keyu, associate professor of economics at the London School of Economics to join the discussion.
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[@johnc1873]

Jin Keyu is the best ! We love Keyu who stands up against western bullies in media !

[@gj8550]

Professor Jin is brilliant. Simply brilliant.

[@trekpac2]

I love hearing from Jin Keyu. Very knowledgeable and well-spoken. Thank you.

[@RohankrishnaB]

Always excited to hear from Keyu! excellent analysis

[@patriceesela5000]

Ms Jin Keyu, it's been a minute, as competent as she's is pretty 😍. Keep up the good work.

[@louisliew9791]

Great program and great interview with Ms Jin

[@ahkoy973]

so true... chinese industrial subsidies actually also benefit overseas consumers through cheaper prices... nothing wrong with that

[@demonridera]

I can't figure out whether Keyu is prettier or smarter❤

[@jazening3075]

TEAM CHINA NOW AND FOREVER ALL THE WAY!👍🙏🙂🐲🐉🐼🌏

[@johnkim1381]

To be honest, my view & reasoning about the current status & innovation of Chinese companies & economy is 100% validated by Professor Jin Keyu. 👍

[@philipwong895]

It was more cost-effective for China to purchase reliable Western chips, benefiting both sides. China spends more on chip imports than on oil. The US sanctions forced China to develop its domestic supply chain. When self-sufficient, China can provide the world with more affordable chips. The US and its allies are developing their own supply chain, it cannot be competitive without access to a large market. The US is sparing no effort in its Tonya Harding competition strategy. The Chinese are very grateful to the US for pushing them towards self-sufficiency. Thanks to the US, China now has its own GPS system and space program. More sanctions, please. The Chinese are very thankful to the West and the Japanese for their valuable lessons. Without these lessons, China will still be poor and ruled by warlords. Keep those lessons coming.

[@TacticalMayo]

At the end the United States will be the one that prevails.

[@jasonbeedon9867]

Fascinating conversation. Great to hear from the China perspective.

[@namkaengpancharat9031]

Love her book❤

[@H.L.Hughes]

❤❤❤ "" REVULUTION NOW "" ❤❤❤

[@sckchui]

When talking about problems in the Chinese economy and their possible solutions, I think it's necessary to consider the international environment as well. A lot of the topics discussed here, like overcapacity and deflation, are to a large extent the consequences of what is happening overseas. The disruption of trade with the US and Europe, started with Covid but continuing with increasingly protectionist policies in the West, is the cause of the mismatch of production and demand in China. One possible solution is to boost domestic consumption through stimulus, but another is to develop new and underserved export markets. China is a major force in the world economy, and the biggest trading partner of many countries around the world. The effects of China's economic policies do not stop at China's borders, and the solutions to any economic problems may also lie outside of China's borders.

[@htleong4790]

Prof Jin understand the Chinese mentality and condition

[@TacticalMayo]

It's over.

[@grouchypatch9185]

​@@TacticalMayoIt is actually kaput for us west. Bye bye.

[@user-mhgu6om9mj2t]

​@@TacticalMayo😂 You LOST! 😂 Get over it troll. Your just a blip in history

[@NYdalesun]

Finally, Jin showed up here

[@htleong4790]

In my humble opinion, the key issue is employment + food stability. History will tell us once these 2 issues are resolved, social issues will be lessen. A broad based investment in water supply works infrastructure will be good plus investment in ways of increasing productivity without loss of too much jobs. Sectors such as medicine is much needed. Whether the west may sanction china or not, their population will need much cheaper medicine

[@andreastano7920]

I think China could go with the traditional way of manufacturing, increasing the boost of local products. In the same way, High Tech products and Tech services should go further. Let it go naturally while shifting to tech service outreaching the potential and employee empowerment.

[@alfredchow2460]

Come on guys, failure of aggregate demand is a perennial problem where capitalism is present. Where should cash be injected ?

[@user-ux4gp3bk6m]

How about encouraging young people to study medicine and building more hospitals to improve healthcare service? That could solve the high graduate unemployment problem, demand issue and stimulating the economy?

[@annasui0308]

She's so beautiful

[@ahkoy973]

While some are actively warmongering, China is constructive and seek cooperation for a win win proposition

[@TituIshtiaque]

In coming 10 years young populations growth will be the main issue for china China should not underestimate this issue like Japan South Korea

[@monipenny408]

you must have missed the memo, or focussing on CNN, MSNBC! China is already ahead in AI, robotics and automation dear, do keep up will ya!

[@harbinger6562]

Think people that complain about the switching have a grasp of concepts of infinity compacter 🤔❤

[@georwoogle]

✌✌✌

[@user-xq8qx6bg2j]

❤❤

[@Thinkofwhat]

I'm here purely for China's economic forecast. I have not paid any attention whatsoever on this this this........ painfully beautiful northern chinese lady Professor. Really!!

[@hkleehk1]

Free world is a value tinged terminology, as Bertrand Russell once put it, not free, with this latest issue of world trade.

[@urimtefiki226]

while others are fighting china is moving forward all pipelines lead to china

[@NG-uv5cn]

What u guys doing in KZbin !! God bless u if She knows

[@hongqi5734]

We should make sure that our stimulus package will not benefit other countries since they are all trying to hold back our development.

[@user-ne8yi1io4h]

Keyu keyi..

[@urimtefiki226]

i am surprised how they managed to think in long term perspective.

[@bouncingBrain]

The reason, I think, is that they don't plan in 2- or 4-year election cycles with a lot of bickering like some countries do.

[@TheDynamicmarket]

less imports to china will fix deflation because of reduced competition. deflation is also good from the credit perspective. china is able to reduce interest rates and boost investments. in the west, they have inflation, decreased competition from china (higher prices). they must have high interest rates which curtail growth. who planned all this? did someone make a system dynamics simulation software?

[@baba.mkhulu]

fun fact: america has never won a war they started. ever. since ww2 (which russia pretty much played the biggest role in defeating the axis) they have also only fought inferior, poorly armed troops...never a comparable force...until ukraine (in which russia is giving the entire 'collective west' a fat hiding). 👊🏽

[@iamcanadianedmonton]

actually usa won in panama and grenada. but these 2 are tiny countries, panama has about 4.5 million people and grenada has less than 120,000 people. so usa can beat up the babies.🤣🤣 love from canada.

[@randomdude7384]

6:20 She's a kid? Congrats, I guess.

[@BR-hi6yt]

Little pinks.

[@hatchegg80]

disappointing, what a cop-out

[@BrianDarcy8313]

America has trust issues lol....sorry😔

[@cd7707a]

Prof Jin is a recording machine for CCP. Her arguments are marginal and totally biased. It would be great if she gets on a debate with Prof Min from Claremont McKenna. One simple question is if she feels China is so great and doing so well why is she not staying in China instead? She can make a lot more money telling the little pink how great China is. Except you can’t even open the capital account for free flow of capital. As an economist you are a special kind not Keynesian perhaps called Chinese style economist. No fact just statements and can’t stand test of time. In the west you are not economist but politician.

[@grasshopper3918]

And what are you?