The Intelligence Squared Economic Outlook China Special, with Keyu Jin

China’s economic power has been growing for decades. The capitalist reforms of Deng Xiaoping quickly transformed China into the world’s fastest-growing major economy, with growth rates averaging 10% annually. But in recent years the so-called China miracle has begun to slow down. The Covid-19 pandemic and the default of property giant Evergrande (the world’s most indebted property developer) are among the factors that have economists and politicians around the world asking: Is China’s economy in big trouble?
As we enter 2024 President Xi Jinping faces some formidable challenges: slow growth, high youth unemployment and a domestic property market in turmoil.
In May 2024 renowned economist Keyu Jin came to Intelligence Squared to help us all make sense of the problems China faces. She explained how the success or failure of its economy will have profound consequences for the rest of the world.
Some argue that a more vulnerable China will seek better relations with the United States and the West. Others say economic weakness could make the country more aggressive and therefore more likely to invade Taiwan. Either way it has never been more important for us to understand the Chinese economy.
The Intelligence Squared Economic Outlook is presented in partnership with Guinness Global Investors. To find out more visit: www.guinnessgi...
If you want to attend Intelligence Squared events in-person visit www.IntelligenceSquared.com

[@wewave23]

The bloke who says Russia is a vassal of China for being dependent on it for oil export, while referring to India as a big power when it is nowhere near, must be talking off his behind.

[@daffyduck4674]

Hi Vlad, how’s the war going?

[@ImmigrantTribe]

No doubt that India is a big power but not enough a super power like China or US as of now when it comes to technology or economy. The next 10-20 years is crucial for India and most importantly the people there are confident.

[@wewave23]

@@ImmigrantTribe The people there are confident because of modi hype, not really because of real progress on the ground. India is only 'big' due to its sheer size of population, nothing much else. By any other parameters, it is nowhere near. Even Asean with half its size is bigger and more advanced. Indian GDP is also artificially boosted in 2012 when modi revised the method of computing it by tweaking the numbers and including the large informal economy (lots of odd jobs labor) which had no real statistics, so it is up to anything goes, leaving room for easy manipulation.

[@wewave23]

@@daffyduck4674 Going well. The west is losing and losing big but refusing to admit to its defeat, hanging on by a thread and crying wolf.

[@ImmigrantTribe]

@@wewave23 India is going on the right track with all the fast track structural reforms and rapid development of digital and physical infrastructures. The stock market of India desn't rely heavily on foreign investors anymore. The outlook of the entire macro economic structure is on the positive side. No way of measurement of GDP is perfect. Tell me one country you think have a perfect way of measuring GDP and I can give you good number of flaws.

[@Abraham-uk4xy]

I admire this new generation of Chinese scholars who can speak English very well. In this they are far ahead of their politicians. I hope she continues to be pro china nationalistic and patriotic and explain China to the world. Hope the longer she stays in the UK her star will not fall and she will not be branded a British agent.

[@minhsun5441]

I agree ,how do she learn to speak english so well. Economic professor spend 16 hours a day reading books for years not news reporter or television journalist

[@ninh05]

Actually she’s just a china mouthpiece

[@claudiazhou4053]

her father was Jin Liqun, former vice finance minister of China

[@Abraham-uk4xy]

@@claudiazhou4053 yes I am aware. And now he is with AAIB

[@kooisengchng5283]

She is not far ahead of China's politicians. Many of them speak English very well. Thousands of Chinese learn a second language usually English. This is to enable them to access Western journals and media. How many Western politicians speak Chinese?

[@michaelmarchal4004]

Smartest and prettiest person in the room.

[@bin.s.s.]

Perhaps in the wrong room.

[@simonlee8889]

@@bin.s.s. Lol... How soon does she jump ship, wave Davos goodbye and move over to the SCO, BRICS and the SPIEF? Will she go willingly or be pushed? I bet or hope anyway she's in St Petersburg this week...And having said that, I do hope she stays in The West to persuade influential people to act sensibly and constructively rather than dancing to the ever louder war drums..

[@fs5775]

sexpat alert

[@Nat_Ryder]

She has revealed more knowledge about China than anyone I have seen. Also, her audience seem to be shocked and awed.

[@turtlesoup8134]

try searching for eric lee. He has a more straight forward but nuanced view than jin keyu. Jin keyu has more western centric view of China.

[@1973HST]

She’s an economist that’s the daughter of the former Vice Minister of Finance (highly placed CCP member) and current President of the Asian Development Bank, writing for a Western audience while posted at the LSE (and educated at Harvard). She is a quintessential example of a CCP plant. She’s speaking certain preferred truths that the CCP wants you to think. The message in the book is pure CCP propaganda aimed at Western elites. They’re telling you what they want you to think. Some of it, they even believe. But this is CCP propaganda aimed squarely at you.

[@1973HST]

KZbin is definitely censoring truths that somebody doesn’t want you to hear. This is CCP propaganda,straight from the top.

[@fs5775]

🤣🤣🤣 she's a CCP shill. I'm hoping your statements are pure sarcasm or else I am worried for your intelligence.

[@zenlei8258]

@@turtlesoup8134 Eric X Li is a conman talk garbage.

[@AZ-co4mn]

Excellent discussion and point of views from Dr. Jin. She is the best knowing China❤

[@Arcy0429]

Thank you to the lovely and intelligent Ms. Keyu Jin! 👏👏👏

[@marktahu2932]

Great questions from the audience - coherent and on point, the perfect foundation for a good discussion.

[@darvidkoh2707]

Despite all the ups and downs, the Chinese juggernaut is still chugging along steadily and the world needs to understand what makes China tick. Those who do will benefit while those who don't will pay the price and lag behind.

[@darvidkoh2707]

@monipenny408 The only difference is that China well on track to overtake the USA as the world's largest economy in the near future.

[@darvidkoh2707]

@monipenny408 The only difference is that China is well on track to overtake USA as the world's largest economy in the near future. Q1 2024 economic growth for China is 5.3 per cent (above expectations of 4.6 per cent) while that for USA is 1.6 per cent (below expectations of 2.7 per cent).

[@chriswong9158]

It is also call Deng Xiaoping famously said "It doesn't matter whether a cat is black or white, as long as it catches mice."

[@chriswong9158]

@monipenny408 Seen the numbers aka GDP % lately... USA showing inflation with coming recession

[@chriswong9158]

@@darvidkoh2707 China PRC GDP had over take USA since 2020. China just dump $54 Billions US Treasure Note for 1Q thanks to Janet Yellen speech. China has a 700 Billion $$ trade with Russia in 2023.

[@charlesqiu6190]

As always, amazing and smart professor Jin.

[@catinbootsnow4267]

AI in the US is mainly focusing on robots chatting like real lawyers, journalists, politicians, freelancers, TV archors, and entertainers. AI in China is mainly focusing on robots working like real engineers, programmers, workers, drivers, teachers, doctors, nurses, and farmers. Amusing. 😊

[@taijistar9052]

All politicians fear real and powerful AI. Who do you think fear the truth AI most?

[@taijistar9052]

Not true. That is the surface you see. There are many companies working on robots, programming, and everything else.

[@taijistar9052]

She pioneered the term “mayor economy”. It’s a good observation but only when they have money and credit to throw around. They have created mountains piles of debt and over production capacity. It also created lots of wastes and corruption.

[@taijistar9052]

China’s current problems is not because there is a shortage of capital, talent, or anything, it is the lack of trust between government and its people, especially the entrepreneurs. Capitalist and talents are running away from the government.

[@wewave23]

​@@taijistar9052Chinese entrepreneurs are not running away, they're doubling down. Huawei, SMIC, Xiaomi are investing billions. Of course, we don't expect shallow thinking Brits from knowing all these with its brainwashed media.

[@Omen-id6xg]

Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $8,000 and got my payout of m $270,500 every months,God bless Christy Fiore 🇺🇸🇺🇸🇺🇸..

[@EzechuHeadd]

Hello!! how do you make such monthly, I’m a born Christian and sometimes I feel so down of myself 😭 because of low finance but I still believe God

[@Vanzee-fb2xb]

Hi that's good you have idea &share to those who deserve it that's great god bless🙏🙏

[@Andrea-hy8df]

After I raised up to 525k trading with her I bought a new House and a car here in the states🇺🇸🇺🇸 also paid for my son's surgery….Glory to God, shalom.

[@AthensPatao]

Can I also do it??? My life is facing lots of challenges lately

[@YvesAlexandre-ov2td]

I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Although I have watched a lot of KZbin videos about it but I still find it hard to understand

[@ahkoy973]

An intelligent discussion indeed

[@miket8029]

Good speech and inspiring insight

[@DucaTech]

Should get Eric Li on the show.

[@junli6065]

Eric and Keyu are probably the same generation of 80’s people. That would be epic.

[@Zhengc]

Also Joanna Lei

[@bin.s.s.]

Eric Li's famous observation: In China, every policy can be changed but not the party. In the US, parties change but never the policy.

[@Andy-P]

@@bin.s.s. Hard to change the industrial policy

[@turtlesoup8134]

They would have a lot of disagreement. Eric in my opinion has more nuanced view of Chinese economy and society. He is also care less about offending western audience.

[@vanveakrin276]

Russian demands for German engineering parts made in China by Chinese - German joint venture in China

[@chriswong9158]

Like China export USA via Vietnam & Mexico, so do German Company export Russia via China. Another example, Russian oil to Europe via India container ship. US just adding more cost of transit.

[@yaphonghor4409]

Great view from Miss Jin who can see the hidden factors leading to progress and rise of China!

[@mjmf1430]

Excellent speaker!

[@deanmthomson]

Agreed! 👍

[@istvandarvas3372]

This was amazing! It is always refreshing to learn about the things around us with optimism. Thanks!

[@matthewjoseph7671]

All Kudos to Prof Keyu !!! An EXCEPTIONALLY Insightful and Articulate Ambassador of China

[@bingwu8146]

She is talking like Chinese ambassador , not an economic professor

[@fs5775]

maybe because she is CCP shill

[@horridohobbies]

If India grows by 8% for the next 30 years, it still cannot catch up to China growing at 3%. The math doesn't lie: India: 1.08^30 = *10.06* China: 1.03^30 * 4.71 = *11.43* [China's GDP is 4.71X larger than India's.]

[@horridohobbies]

@@chualooong1737 ??? Do you actually understand mathematics? Exponentiation is the same thing as compounding.

[@bobsmith3983]

The point is India will never catch up to China as there are too many domestic issues and corruption which will hinder India's growth. As a matter of fact the growth numbers given by India is highly suspect and is widely regarded as exaggerated.

[@GuzzarAwan]

India wont catchup to China till 2047 is a fact. Indians also know this. But by 2075 India will surpass China. Also India isnt focused much to surpass china , bcoz Maths doesnt lie and India know the reality. But india will be happy to reach 30 Trillion GDP first and Create Proper Manufacturing sector. India is Fighting with Its own Socialist past. Also China is in race with US as far as I know. If china is trying to compete with India , no wonder i will call it Blunder. But in terms of Defence India will maintain enuf capability to deter China properly. In economy India wont surpass China till 2047. India will grow 7-8% max.

[@GuzzarAwan]

India wont catchup to China till 2047 is a fact. Indians also know this. But india will very very close to China by 2047. But by 2075 India will surpass China. Reason is Bigger Demographic dividend with India. India is also a Consumer economy unlike china which will loose Exports due to deglobalisation even after using Automation. For consumption u need ppl anway. Also India isnt focused much to surpass china , bcoz Maths doesnt lie and India know the reality. But india will be happy to reach 30 Trillion GDP first and Create Proper Manufacturing sector. India is Fighting with Its own Socialist past. Also China is in race with US as far as I know. If china is trying to compete with India , no wonder i will call it Blunder. But in terms of Defence India will maintain enuf capability to deter China properly. In economy India wont surpass China till 2047. India will grow 7-8% max.

[@jackding7420]

She actually spoke for the Chinese government!

[@tonym842]

She spoke with facts, but you hear your own cognitive dissonance vs western propaganda lies about China.

[@consp51]

She is Chinese and well-educated! It's great to hear diverse perspectives from global experts.

Her father is minister in PRC so not huge surprise there. They often send their children to study in foreign countries.

[@stanfords2978]

Key takeaways: 1. Top level leaders care about young generation very much. 2. Mao vs Deng between policy makers. 3. Central vs Local relationship is stable, based on hundreds years experience. 4. Sanction cause short term trouble, but long term growth of domestic technology. 5. Realestate is under control, no like Japan.

[@chriswong9158]

Get to the point: Deng Xiaoping famously said "It doesn't matter whether a cat is black or white, as long as it catches mice." Works !!!!

[@laowantongchau]

6). The young generation has seen the mess and hypocrisy in the so called freedom in the democratic West where you can't even go out after dark. They prefer the current model in China and gradually modify if necessary.

[@Andy-P]

If real estate under control then prices would be stablising

[@skazka3789]

​@@Andy-Pthe worst of it is already over

[@janneyovertheocean9558]

You really believe what you garnered as listed above are going to happen? The degree of self-interest at all levels of government officials and corruption in China is so severe, Xi cannot order his way to bring China out of its trouble without true reform and relaxation of communist one-party gripping rule, which he won’t go after.

[@santsuma]

When I see tne name of Dr. Keyu Jin in any video title I click. There so much we can learn from her.

[@fredtan1506]

Me, too.

[@wohetang]

@@fredtan1506 Well, as a Chinese earning a living in the west, she circumvented a lot of truth, if she knows.

[@fs5775]

Yes we can learn about what Beijing wants us all to think

[@santsuma]

@@fs5775 So, what does Beijing want "us" all to think, in your opinion? Please enlighten me, I'm all ears.

[@josh55f1]

Two big stakes : China, Russia, North Korea and Iran. USA, Europe, Australia, Canada, Japan and Korea. The others are having their choice. Love to see who will be the winners?

[@Crom21]

informative content.

[@alcheung405]

Amazing insight and objective narrative from Jin! Very pretty lady too!

[@fs5775]

you do realize that you out yourself for sexism with the "pretty lady" comment. cave man.

[@vanveakrin276]

Chinese is preparing to social sharing of wealth...to a More balance social security sharing

[@chualooong1737]

With AI taking over most of the jobs, China with a huge SOE sector will be better placed for Universal Basic Income implementation. So far China's SOEs have developed much needed capabilities in the defence sector. It will do the nation well to keep its oligarchs and Western trained economists on a leash.

[@Andy-P]

That would be very good news

[@summerchina6568]

It is untrue that China is dropping the pro-growth agenda. They are transitioning to a more sustainable and self reliant growth agenda given the shifts in geopolitics as well as the more advance stage of their economy.

[@junli6065]

China was pretty self-reliant already before the opium wars. We didn’t need to build colonies on the other side of the globe to get cotton. Sure, industrialization was low, no heavy weapons, but nobody was gonna starve after a bad potato season either. If you don’t need to go crusading around the world, the weapons didn’t seem so essential. The west changed that status quo, and it’s too late for regrets now. lol

[@Andy-P]

It's not sustainable or self-reliant if it depends on exports - especially to countries they have a lot of friction with

[@fredtan1506]

Dual circulation is still in progress.

[@fredtan1506]

Dual circulation is still in progress.

[@BH-2]

China is also transitioning to high value manufacturing rather than just making socks for the Americans.

[@huangzongming8226]

Interesting ❤

[@ImmigrantTribe]

I am from Manipur, India. From the recent violence incident in Manipur and what the Western countries and media made out it, I won't say that they're objective and well informed. The British didn't even refer to the historical written records their forefathers kept.

[@firstlast-pt5pp]

@1:10:43 - but just about everything about China is "national security" according to Washington 😂

[@yoyolim538]

True, soon they will ban chopsticks as these can also be regarded as a national security threat to the US. After they can be used as a weapon

[@FrankiePo89]

Usa have done so much evils to the world it is today afraid of its own shadow.

[@禮-g5y]

CCP确实是世界的安全威胁，请务必想信 一一来自一个中国人的忠告

[@Andy-P]

That goes for China to.

[@turtlesoup8134]

@@Andy-P not really. there are far more Chinese products and companies sanctioned by the west than the other way around.

[@crhu319]

45:50 #SandyMunro the car quality experty says the Chinese vehicles are radically better and that they will rightfully eat and own the market in any open competition.

[@yaphonghor4409]

Chinese car manufacturing companies have learned about the quality needed in their export models for decades! That is the reason for the EVs to wow the buyers in the West (US is imposing 100% tariff because they have intelligence that Americans cannot compete or lagging)!

[@ngkaiseng6818]

You cannot compare India with China . There is nothing India can compare or compete with China. That is an indisputable truth which India cannot accept. But India will continue to dispute or disagree within the Indian people in India and even within the Indian diaspora.

[@ngkaiseng6818]

0:00

[@juliancochran]

It is a given that China will be producing most of the world’s serious technology and innovation by 2040 of course including cars, however I still think that the US will have a role, and I don’t think the US will completely stop innovating. It is one thing for China to supplant the US with innovation, but the US will be producing some of the software still, particularly on the margin and to help out where the English language is still needed.

[@perrylee1913]

Chinese universities graduate 10 million college students each year. Over 10 years, they have 100 million college educated people. I saw that the level of ordinary people’s education has been dramatically increased from 40s ago. Their creativity and productivity are getting high. Companies that invest in China mostly are doing great. China is still a place you can make a good profit.

[@danielopdenakker3010]

Yaa open up a ginni factory in china..! You will become a billionaire overnight. Guinness is already made in Nigeria..! St- james gate is becoming a smaller entity. Good stratigic marketing from the Irish.slan.☘️☘️☘️☘️🙏

[@janneyovertheocean9558]

Chinese college graduates are having major difficulty in findings jobs after such schooling, unless they are from highly esteemed institution and with degree in highly desired field. China does NOT have enough domestic consumption to replace the loss from export oriented industries. Ms. Jin had always sounded and presented a more upbeat prospect about China’s economy, even as the many ordinary people’s reports from the ground as well as available statistics published by academics or Chinese government agencies indicate that the outlook is going to be worse and more difficult than pro-China experts like her portrays as long as President Xi’s stubborn policy of taking on the free world on all fronts. As Xi force China to retreat more and more back into national planned economy corner, the consequences will show its negative impact on Chinese society. China has an ideology issue underpinning its economy, while the political environment is not favorable for China to moving away from market economy . China’s education system from K to 12 and then college as well as postgraduate studies suffers from restrictive, memorization based, compliance and obedience oriented learning, so with further fire-wall-confined exposure and pigeonhole vision, China will suffer from loss of original thinking and entrepreneurship that a nation at cutting edge needs in order to succeed. You cannot a government led by a communist admiring Mao style governance to achieve at the level of liberal democracy nations.

[@fs5775]

🤣🤣 if you say the words, it doesn't magically make them true, I'm afraid

[@DuffyLu-je3xu]

Jin Keyu, finally you talk like a level-headed economist, not like a US's lackey. Good for you. I am impressed.

[@syedadeelhussain2691]

China has enough domestic savings to finance projects. Better due diligence, spotting moral hazards, and implementing adverse selection as studied in Microeconomics and banking probably need to be sharpened as policy tools.

[@ZephyrMN]

Delighted with this erudite and fact based conversation!!❤

[@vanveakrin276]

Don't judge the Chinese economy according to WESTERN ECONOMY MEASUREMENTS

[@chiasunmeng]

Good speech

[@pamelang3261]

Dr. Jin, I agree with you. Now, I would like to challenge you to analyse the Chinese economy from a Chinese standpoint/econ system, and Not the western or London econ system!

[@Mingyu1031]

She's already speaking from Chinese standpoint. Econ system though, sure.

[@mariomastadon7650]

It's so good to hear the other side of the chaos we get from Mainstream Media...

[@mariomastadon7650]

@@specifiko5877 Shame, you obviously don't want to listen to the other side. Is she contradicting the propaganda you've been fed?

[@philj5518]

Obviously your first message had no impact. Please furnish with references. Peace

[@mariomastadon7650]

​@@specifiko5877 If so, what's wrong with listening to the Chinese side? Are you not willing to listen to the other side? Are you saying they lie about everything? Is it not useful and informative to know both sides? It happens in the west to, how many times do you here western media(incl. Europe) blurting out Washington's rhetoric?

[@mariomastadon7650]

@@philj5518 Ignorance happens when people don't want to hear what the other side is saying..

[@Kingofthehill84]

She failed to mentioned ASEAN countries will be the fastest growing economies in the World in coming years from now.

[@detectiveofmoneypolitics]

Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊

[@universaltruth9988]

Beauty with brain 😍

[@4956jerrysun]

Such rare talent

[@chriswong9158]

International Education with an open mind.

[@tad9436]

@@chriswong9158 Her father is a member of the CCP and Chinese banker. How open minded is she ?

[@clueless485]

@@tad9436 She is a professor and author, not a child. Judge her on the basis of her work, not who her father is. By the way, what dose your father do? Is he rightwing or leftwing? Is he a religious fanatic? Don't tell me anything about you. I'm not interested. I just want to judge you by what your father does.

[@phantom1076]

​@@tad9436so you're judging someone because of who their parents are?

[@iamsheep]

@@tad9436 What kind of cope is this? If her father is a successful banker then she would have been afforded an amazing education. If your parents are highly unremarkable, then how open minded can you be?

[@lonecandle5786]

A blockade is an aggressive military intervention.

[@colinlee9678]

China uni-investible? Can anyone quote an example of any foreign company that has come to China for the long haul and has pulled its investment out of China ?

[@48街8号]

Uber!

[@colinlee9678]

@@48街8号 What evidence do we have that Uber did not enter the Chinese market for a quick profit only ?

[@bobsmith3983]

Uber couldn't compete with Didi. Didi ate Uber's breakfast, lunch and dinner.

[@henrytep8884]

Microsoft, Apple, Google, Nvidia, basically all the tech giants are divesting from China.

[@cyberslim7955]

Samsung?

[@crhu319]

58:20 the internal Chinese market has its own patent system, but when sanctioned there is NO reason to obey any sanctionjng country's laws. Chip sanctions in particular create a free for all that will end to Chinas great benefit.

[@Andy-P]

Then why does China complain so much about the sanctions?

[@GuzzarAwan]

@@Andy-P why r u exposing their Reality 😂😂

[@consp51]

China can design and manufacture its own chips, The US banning the export of chip-making machines to Chinese companies. Also the Arm Chip architecture is open-source, and Chinese companies have acquired licenses to develop their own versions of the Arm chips.

[@vanveakrin276]

Chinese Machine Tool industrial output is growing.. especially with demand from Russia

[@duncankowable]

Thanks to America and NATO, there is no competition for Chinese goods in Russia.

[@bobsmith3983]

@@duncankowable China had no competition anyway as the quality from China is as good or better that the West at a much low price.

[@ericf1461]

@@duncankowable You are so right about it. Thanks to Uncle Sam 😂😂

[@ericf1461]

@@bobsmith3983 To be fair, goods from China is really poor quality. Have you ever get any thing from Temu? Piece of shits…. But it was so cheap and return them is just waste of time. 😂😂😂

[@jackshultz2024]

I recall Kevin Rudd, a former Australian Prime Minister and China scholar, who translated and commented on Xi Jinping’s speech before CPC conference in 2010 where he described China’s goal as being a moderately prosperous ecological civilization. I thought it was a laudable and noteworthy objective.

[@magnetospin]

She's trying really hard to pretend western hostility towards China is not so bad.

[@TheRealIronMan]

To be fair her viewpoints are already radically different than the audience, there is no way she wants to challenge even more preconceived notions, one battle at a time, the most critical part is to get your points across, gotta pander a lil bit if that helps you winning the audience over.

[@jxmai7687]

Remember she still need to sale her book. 😉

[@thomasho4825]

Miss Lee, I give you advice you damn good economist and Chinese proud of you but there’s no one shoes fits all small country. Big country have different system. Whatever fits them the best the fact to tell them.

[@PahatRout]

Why did you change her surname?

[@gscwongster]

Keyu Jin is very good

[@HelenSurina-mv8ot]

Still please and thank you

[@tuyolento3295]

Very illuminating conversation with Keyu Jin.....her views are so enlightening that people around the world need to question the prevailing narratives of western mainstream media regarding China.

[@yellowsheeps]

The American Empire is an offspring of the British Empire. It prefers to colonise the World using International Finance Capital based out of the "City of London" but will not hesitate to use force and violence when necessary (WW1, WW2, Yugoslavia, Iraq, Syria, Ukraine etc..). There are "managers" that branch out like a spider's tentacles to maintain the Empires control like BIS (Bank of International Settlements), Wall Street, MIC (military industrial complex), Westernised academic institutions (i.e. Neo-liberal economics), Western foundations and think tanks (i.e. Ford, Rockefeller, Chatham House) mainstream media, NGO's etc. The purpose of Imperialism is wealth extraction (land, resources, labor, human mind etc..) from the World for the benefit a Racist Elite minority (they do nothing and live in a garden while the slaves do everything and live in the jungle). Imperialism keeps and forces countries to stay under-developed and dependent. Finally, the Imperialists will "lie, cheat and steal" (as per Mike Pompeo ex US secretary of state and CIA director) to maintain their grip over humanity.

[@firstlast-pt5pp]

@51:15 - that's also why AI is huge in China. A drone aircraft carrier is undercontruction in China right now.

[@NorCalMoDo]

The US has fallen so much to bad politics, divided the country, and whose fault?

[@peterg0]

@@NorCalMoDo US is one of the most corrupt country on this planet...

[@yaphonghor4409]

US should be very careful about pushing China too much when China can adopt AI for military use! We need a peaceful world, not warmongering!

[@maquinadesoldarautomatizac9013]

金美女🎉🎉🎉

[@jimmychoi5219]

US : GDP 2.7% - economy is growing UK: GDP 0.7% - economy is stuttering China GDP: 5% - economy is in a downfall This is the so-called unbiased Western media 🤣🤣🤣

[@juliancochran]

It is a given that China will be producing most of the world’s serious technology and innovation by 2040, however I still think that the US will have a role, and I don’t think the US will completely stop innovating. It is one thing for China to supplant the US with innovation, but the US will be producing some of the software still, particularly on the margin and to help out where the English language is still needed.

[@iechuanlee9326]

India is a China competitor but China doesn't have to sanctions or to bans India to compete. Unlike American. China is not an expansionist in its military as they have fired a bullet, economy yes.unlike the USA, had more than 800 military bases & still expanding.

[@SazalibinkamsirSazali-zu5yo]

Thank you Ms 🌹👱‍♀️Sheera you so perrty👍🤵📱👀

[@juvexp2000]

So she is saying national security is nothing, let us focus on economy growing?

[@CharlieSweigart]

Yes, a large population of people can be great when all are civilized and controllable. Anyone comes into America. Please help anyone, Let anyone come into your home land to live.

[@Sysh24]

excellent

[@CncPlasmaLaserCuttingMachines]

Super

[@rexcandy]

Someone needs to ask her about Hong Kong and the Breaking of agreements that occurred

[@Whitfield369]

IN order to ask such question that "someone" needs to have some basic understanding of the facts on the subject for the question to be asked. Apparently you are not qualified.

[@samyang5873]

The west should STOP thinking their system is the BEST. There is NO BEST SYSTEM but continuous improvement & serving the people , getting down to earth. Yes , ACTIONS. That is what government officials are supposed to do & not arguing & lecturing others about democracy democracy democracy day in & day out. Results are what the common people want to see. Hi from S'pore 👋🍻 干杯 !!!

[@firstlast-pt5pp]

@54:25 - China already reached peak oil in 2023 ( actual consumption )

[@Kingofthehill84]

Thanks to Evs.

[@crhu319]

Likely yes, the intent has been to eradicate oil consumption first. Which is wise because you erase more emissions by an EV shift than by other upgrades.

[@bobsmith3983]

EV's have reduced pollution immensely in the cities. Also noise pollution has been reduced.

[@isatousarr7044]

The Chinese economy's rapid expansion has become a cornerstone of the global economy, influencing trade flows, investment patterns, and technological advancements worldwide. As China's influence grows, its economic policies and market dynamics increasingly shape global trends in manufacturing, technology adoption, and financial markets. Understanding China's economic trajectory and its integration into global networks is pivotal for navigating today's interconnected economic landscape and shaping future opportunities and challenges on a global scale.

[@juliancochran]

The problem is that we keep applying the standards of our own system into our expectations toward China, but they have proven to have a more dynamic ever-changing system than our own. That is why we keep predicting their downfall - because indeed they would have stopped developing many times if they had our simpler uncontrolled, or at least poorly planned, market system. But ever ten years or so they adjust their priorities and the country is almost not recognizable from how jt was 15 years earlier, and 15 year before that, and so on. We will continue to underestimate China for the next 50 years also, I imagine. We want them to be like us - but they are.not. The culture is more different than we think.

[@robertseaborne5758]

China's growth may appear to be slowing simply because the time and circumstances have arrived for China to shift the emphasis from quantitative to qualitative growth.

[@jennyli365]

Well spoken. But keyu doesn’t mention the fact that Taiwan is part of China.

[@Branch7ShuZhi]

One way to observe growth in China is to come to Singapore and understand its transformation. A case of letting Chinese connect to globalization and applying their entrepreneurial and enterprising DNA.

[@crhu319]

1:01:05 the Thucydides trap is real and capitalism is brutally violent and stupid, will at all costs force workers to fight each other over which bosses the survivors answer to. The culture of peace is evolving but while workers are still willing to be soldiers for oligarchs ot cant succeed. When all armies are robots perhaps fear will rise to abolish them.

[@kaimingraymondchoi9909]

Regarding one of the audiences question whether China will follow Japan deflationary down turn, I would like to share some of my observations. There are no concrete answer to it. Chinese government is trying to boost local economy. But there is very little progress. However, unlike Japan, Chinese government feesaw this downturn years ahead. It started the Belt and Silk Road to absorb some of the financial impact caused by sanctions from the west. China has also upgraded its suplly chain. It is still very efficent and cost effective in comparison with other industrial states. Chinese government is now allowing its RMB to devaluate gradually, which will further improve the competitiveness of Chinese products. Instead of investing in US bonds, Chinese government is investing in infrastrutures along all BRIC countries. It is still a great challenge to China specially the lower and middle class.

[@kaimingraymondchoi9909]

Regarding the question "why western media focused in the last 10 years on the downside of China economic growth", the answer is simple: Western media no longer believes "truth" is their core interest and principle. They are all politically biased. Those who wrote about XinJiang most likely had never been to Xinjiang, at least recently. China political system is very much unlike the West. China leaders realized that their growth will meet with retaliation from the West and that they need to be prepared for it. They are thinking and planning ahead. Not a lot people know that the Chinese government is very open to top scholars and experts from the West. They invited them to China as VIP teachers. For example they see competition as an added value to the country. Several years ago, they invited Tesla to come to China, offering them the best term possible. Because of this competition China EV is now amongst the top in the world. Over the years, China has developed a production chain far more efficient and economical than most would imagine. During the epidemic Western government flooded the market with cash and jack up inflation. That weskened their competiveness long term. Chinese government kept driving down the property price and curbed inflation. I just visited a factory in China. Their ex-factory price is under 10% of its selling price in the United States. I installed solar panels for clients. They reputed my financial model. China electricity price is half of that 15 years ago. United States is dealing with such a country.

[@juliancochran]

It is a given that China will be producing most of the world’s serious technology and innovation by 2040, however I still think that the US will have a role, and I don’t think the US will completely stop innovating. It is one thing for China to supplant the US with innovation, but the US will be producing some of the software still, particularly on the margin and to help out where the English language is still needed.

[@perrylee1913]

Keyu is such a pretty and smart professor. God bless her.

[@fs5775]

me tarzan, you jane 🤣👌

[@Hahahahawow]

wow i actualy listen to her finish her discussion! 1 hour!!!!

[@peterewert8407]

Of course a Chinese economist who’s dads a ccp member would want to focus on growth vs national defense.

[@rexcandy]

Why doesn't anyone ask the question about freedom of speech and the penalties that individuals can receive for speaking out against the government in China

[@Whitfield369]

If you watched the whole thing you would have realized it is a dumb question because it was actually discussed by Dr. Jin.

[@tonym842]

Try talking about freedom of speech to the students beaten up by US police at campuses across the US for protesting against genocide in Gaza!

[@fs5775]

@@tonym842 were they disappeared like happens in China?

[@tonym842]

@@fs5775 Fantastical delusion

[@ablam8]

@@fs5775 People like you love to believe lies. You can't fault China much, so you pick on this, with BS,

[@sarawilliam696]

For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.

[@PatrickFitzgerald-cx6io]

Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.

[@Pamela.jess.245]

Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.

[@brucemichelle5689.]

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

[@Pamela.jess.245]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@brucemichelle5689.]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@godotkrull579]

why is the growth in the east always directly taken as a, or the main effect of globalisation? rather can we take growth in the east as it's cause?

[@ZenLH]

Excellent presentation 👍👍👍👍💪💪💪💪💪

[@binhe6500]

The question from the audience about ChatGPT shows how they got it so wrong with colored lenses. It’s ChatGPT is not allowing users from China to sign up. That is why China has to develop their own.

[@rumbobbie1]

Delightful freudean slip @0:40:17 "... and also trying to force companies... er er ... encourage companies to give internships..."

[@vanveakrin276]

An Alternative outlook

[@HelenSurina-mv8ot]

The Miraculous Ladybug

[@jaswindersian3159]

China has the largest PPP economy, and in the nominal GDP it will be Number ONE too within the next 10 years irrespective of the current challenges.

[@cd7707a]

Try speaking up in China

[@alainpannetier2543]

Of course they will try. That does not mean they will succeed. Democracies have no reason to sit on their hands.

[@tonym842]

No indeed the US empire bombed Germany's Nordstream pipelines!

[@alainpannetier2543]

@@tonym842 When everybody knew it was never going to be used? Find a more .credible theory.

[@oumski6893]

😮❤

[@minhsun5441]

I dont know any Asian person came to the US at the age of 14 and can speak english so well like her. She can became Chinese diplomat instead of the economist

[@lettucesalad3560]

Keyu Jin is an absolute economic joke.. she talks in vague generalities that parrot CCP talking points.. I expect an academician to use data, not BS.

[@Abraham-uk4xy]

Why they worry so much about Huawei and Tik Tok. How do we know if we use US computing equipment there is not a chip.inserted which diverts information to Homeland Security if we type sensitive words?

[@gpshangari]

I can tell her clench will be amazing. As i male all i can do is clench these markets, but i wonder how china will deal with tariff risk moving forward. I know she can handle any position or tail end risk. But for china, not sure if they can handle the backend risk as well.

[@Whitfield369]

Dr. Jin's demographic opinions are exactly what I have for long time when people kept saying this is a timebomb for China 50 year later or whatever. My view is the same, two decades ago laptops were still luxury items, but now they are pretty much taken for granted. If you ever used a slide-rule, or a mechanical typewriter, you will see by how many orders of magnitude even the slowest computer can improve your productivity, with spreadsheet or word processor software, then simply send via email. This trend is accelerating, and possibly will be in accelerating manner, with AI. Plus, 50 years later? Anyone tries to make prediction about China or anything in 50 years should go back to sleep. Now, AI making human unemployable thus no jobs? Well, if any place on the earth can implement Universal Basic Income, or UBI, it will most likely be China, with the centralized government structure.

[@SazalibinkamsirSazali-zu5yo]

My reading (8,hour) before The Racing start 🤵📖look and reading by number tip +/or Throw.🤫🤵

[@TheFantomRogue]

Dr Key is a LIVING legend when it comes to objective assessment of state of the world

[@fs5775]

🤣🤣

[@thomasthomasphilp4393]

White experts are stunned by this intelligent Chinese economist.

[@Mingo101AtTiktok]

Chinese came back from western world know the problems of west more than those stayed in China. Don't expected them to change China into US type of democracy. They saw US democracy is failing in so many places unless US changed into more positive ways. US and western world image was damanged by endless wars like Iraq, Afaganistan, Syria wars. GAZA wars as well as Ukraine war. Compared with China to US homeless, infrastructure, etc., they came back with more confidence in favor of Chinese political system. World already changed the views with Bush wars, Trump's dumb policies, etc.......LOL Good image of Western democracy and freedom already distroyed by US politicians.