Understanding China Better & Its Relationship With The United States | SALT iConnections New York

Two leading experts on China, LSE professor Dr. Keyu Jin (author of The New China Playbook) and China-based economic researcher Andrew Polk sat down with X. Rick Niu for a discussion around some of the most important issues surrounding the Asian superpower and its relationship with the United States. They note the language and culture's role in creating barriers to understanding, China's lesser known initiatives and the main issues facing Chinese leader Xi Jinping. The session ends with a lightning round of key questions around China and The West.
- Keyu Jin | Author, The New China Playbook
- Andrew Polk | Co-Founder, Trivium/China
- X. Rick Niu | Board Member & New York Chair, Committee of 100
SALT iConnections (@iconnections2984) New York returned to Manhattan’s west side May 16-18, 2023 for three days of high level cap intro and panel discussions with industry leaders.
SALT is a global thought leadership and networking forum encompassing finance, technology, and public policy. To learn more about this episode, including podcast transcripts and show notes, visit www.salt.org/talks/about
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0:00 - Understanding China better
8:07 - China's economy
11:40 - Investing in China & misconceptions
17:07 - Lightning round
#SALT #iConnections #China
Moderated by Anthony Scaramucci. Developed, created and produced by SALT Venture Group, LLC.

[@freelunchforchildren4040]

To understand China, go & see it for yourself. I bet your jaws will drop . . .

[@amunra5330]

for real. I had the privilege of visiting China over the summer and the country blew my mind. I had no Idea China was so developed and thriving.

[@harbinger6562]

Yes to everything positive no to war❤️🇨🇳👋 I remember you ❤️🌹

[@nikki088]

Excellent dialogue. My Chinese American soul is uplifted, for a bit at least. Thank you!

[@xibfwbtxawjvaag8854]

What?

[@nikki088]

@@xibfwbtxawjvaag8854 What a thoughtful comment! Care to say more?

[@7hx89]

The new China playbook. Much needed insights on the ground. 5:10

[@SALTTube]

Thank you for watching! Be sure to LIKE & SUBSCRIBE for more conversations with industry leaders around finance, technology and public policy.

[@horridohobbies]

5:44 China is not a _Western liberal_ democracy, but it is nevertheless a democracy. It has its own form of democracy _which works and works well._ It's called "whole-process people's democracy."

[@danhtran6401]

You can tell it's working well with all the buildings and bridges collapsing....100,000 engineers, architects, inspectors, politicians, I mean, how many experts do you need to build a stable box ... 😂

[@horridohobbies]

@@danhtran6401 Such an ignorant remark without a shred of evidence.

[@danhtran6401]

@@horridohobbies it's called tofu dreg projects.... Chinese officials coined that term....

[@horridohobbies]

@@danhtran6401 That proves nothing.

[@danhtran6401]

@@horridohobbies so all those people involved in building homes and charging Chinese citizens for a 30 year mortgage means nothing....I get it.... 😂....so in the eyes of the officials, their citizens mean nothing....sounds about right...I don't need to prove anything to you... it's you that needs to prove to the world that the corrupted CCP can still be trusted which is literally impossible....

[@istvandarvas3372]

OK, this was refreshing! I loved this one! Thanks!

[@ianthesiow3013]

😢❤❤.. 👉🏻👉🏼👉🏽 America calls it "Liberation" instead of "Invasion". That was what US call it in Iraq, Afghanistan, Libya, Syria, Yemen, Somalia and the list goes on... Why the double standard? Confused... Please enlighten. Genuine question... Instances of the United States "liberated" or overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government) China 1949 to early 1960s Albania 1949-53 East Germany 1950s Iran 1953 * Guatemala 1954 * Costa Rica mid-1950s Syria 1956-7 Egypt 1957 Indonesia 1957-8 British Guiana 1953-64 * Iraq 1963 * North Vietnam 1945-73 Cambodia 1955-70 * Laos 1958 *, 1959 *, 1960 * Ecuador 1960-63 * Congo 1960 * France 1965 Brazil 1962-64 * Dominican Republic 1963 * Cuba 1959 to present Bolivia 1964 * Indonesia 1965 * Ghana 1966 * Chile 1964-73 * Greece 1967 * Costa Rica 1970-71 Bolivia 1971 * Australia 1973-75 * Angola 1975, 1980s Zaire 1975 Portugal 1974-76 * Jamaica 1976-80 * Seychelles 1979-81 Chad 1981-82 * Grenada 1983 * South Yemen 1982-84 Suriname 1982-84 Fiji 1987 * Libya 1980s Nicaragua 1981-90 * Panama 1989 * Bulgaria 1990 * Albania 1991 * Iraq 1991 Afghanistan 1980s * Somalia 1993 Yugoslavia 1999-2000 * Ecuador 2000 * Afghanistan 2001 * Venezuela 2002 * Iraq 2003 * Haiti 2004 * Somalia 2007 to present Honduras 2009 * Libya 2011 * Syria 2012 Ukraine 2014 * 2014 - 2022 - 9 countries yet to verify. Pakistan 2022 * Haiti 2022 * Israel 2023

[@danhtran6401]

Looks like the list of stupid dictators....

[@jamesl.o.h.6000]

One of the best public talks! ❤

[@ZenLH]

Excellent discussion and insightful commentary 👏👏👏👏👏👍👍👍👍👍

[@toram6210]

This is something Western media won’t understand

[@HuynhPaul]

The new china playbook. Will see and read it.

[@JIANGTG]

1. It is highly important for the world to better understand China. 2. China's rise should not cause any fear. China was bullied and invaded by many countries for very long time and thus it has strong determination to become an economically and militarily powerful nation for self defense and brush off the insult. 3. U.S. has strong mindset that " DEMOCRACY AND LIBERAL PLUTOCRACY ARE THE BEST POLITICAL SYSTEM ". China's rise has annoyed U.S. for quite long time because China implements different regime which U.S. is totally not feeling comfortable. 4. Looking back the Korea War , Vietnam War , etc should enlighten the world that China should maintain very strong military forces to deter any foreign invasion . 5. China clearly knows that there are warmongers in this world even though China strongly believes in mutual respect, mutual prosperity and peaceful co-existence

[@ssuwandi3240]

The main issue is that China is impenetrable to the West. When Google was blocked that would create a sense in loss of opportunity by slowing Tiktok to grow in US markets. This part i don't thin she has addressed specifically beyond a general collaborate dialogue.

[@tomchen513]

There have but been only intermittent times when America is not annoyed at China.

[@QuizmasterLaw]

。。。可欲！ graceful and elegant speaker!

[@aungmyint1711]

刻羽

[@Y2KMillenniumBug]

Where u get your Bible?

[@michael511128]

The fact that she went to US high school and college then worked in England does not help her knowledge of either countries.

[@feralhamster2429]

She’s an academic who gets clicks by taking a contrarian position. But she’s been outside China for too long and doesn’t understand what this new regime is thinking or prioritizing. She assumes Deng Xiao Peng but we are not in this era.

[@hofamily6718]

She has first hand knowledge & experience of both countries for years ON THE GROUND; unlike others who theorize w. wild imaginations.

[@amunra5330]

She grew up in China.....you know that right....the first 14 years of her life was spent solely in China...that is half her life not excluding her residence there now....ya sure she has no knowledge of either country.

[@michael511128]

@@amunra5330 Chinese students study Adam Smith, David Ricardo and Marx. Economics majors study a lot of Marxism. That’s exactly what they don’t teach in western universities. Western economics are basically captured by Wall Street bankers after 1945. The dollar, World Bank, IMF, loan traps, oil currency, SWIFT all serve the interests of US oligarchs. Michael Hudson the renounced economist who worked for Chase and US think tanks once taught economics at Beijing university often comments why China should send its students to the US to study economics? They only learn what economists do to the US economy. In China, no economists would sat China is in a bad shape. Even the economy is slower it is growing at 5.4% GDP vs 2.4% for the US, 1.3% for Japan, -0.6% for Germany. 10,000 participants from 150 countries and 30 international organisations attended the Beijing Belt and Road Forum; before APAC, 3400 exhibitors at the China International Import Exhibition, 200 US companies. Huawei has its 5G chip, BYD overtaking Tesla in volume, China surpassed Japan in total car exports. In fact in the past 25 years a lot of global growth has to do with China’s growth and the slow downs usually involve US incited financial crises and wars.

[@tomchen513]

If I really worry about the unemployment in China, I will spend billions of dollars enrolling them into the anti-China business. This should be more effective than sending money to Ukraine just for political control, natural resources and dirty money. Cooperation, coexistence, peace.

[@harbinger6562]

😂❤🇨🇳 1:11

[@simonliu448]

i stopped at 5000 years old, hahaha is he a comedian

[@douyu1971]

Culture and history are vague concepts in themselves. Is it appropriate to use them to explain other phenomena?

[@hofamily6718]

Of course. Some countries have a culture of robbing and a history of killings. That explain their phenomena of constant aggression & incessant wars. Ex. France in Africa, US in Middle East !

[@Y2KMillenniumBug]

We missed that part. Now it's About Christ.

[@Y2KMillenniumBug]

And you need me as the Blockchain

[@Y2KMillenniumBug]

God is unique and remains the same but people change. Come back into the light

[@massimo626]

🙄

[@bangmo7]

Fact check: 5,000 years old is a myth. The first dynasty Shang started 3500 years ago. That is impressive enough. We do not need a hyped up exaggeration. Idiograms are the essence of China. It had been a blackhole. Every conquerer has become a part of China with the only exception of Mongolians. Idiograms were so powerful to enable this fusion. East is sea. South is jungle. West is the world highest mountains and plateaus and deserts. North is the terrifying steppe for people with unlimited ferocity. Every river runs eastward. A flat monotous land mass almost as big as half of the US when you exclude the Western area. The Nothern part of this flat land is loess, the best soil for wheat. Life can be summed up into several words: wheat, duck, pork, spear, fight, win, lose, dominate, submit. The Southern part is the world best rice puddle. Life had been much more colorful and relaxed before the first unification about 2200 years ago. Since then the Northern militarism had ruled. Most of the unified Chinese dynasties made Xian their capital. The militararily stategic center of the loess. Later Bejing became more favorite city for the capital since the mixture of Mongols and Manchurians became powerful since Kitan. Manchurians were farmers. Later they armed themselves with horses. The opposite of Turkish case.Originally Turks had been mounted nomads. Later they became sedentary farmers in Anatolia. The essential charaterustic of China is unlimited warfare, unlimited power, unlimited submission, unlimited exploitaion which terrified the great mind of Pearl Buck. This unlimitedness is symbolized by their custom of breaking foot bones of young girls to make their vagina more sucking for intercourse when they grow up. The enormous wheat basket and rice puddle have made a very sick culture for 3500 years.

[@xrc5540]

They are already at war. Can't see that?

[@uselessoldman7964]

First time I listened to Dr Keyu Jin I thought she was the international "friendly" voice of the CCP and a supporter of Xi's policies. Basically pushing state propaganda politics and reading many comments suggest many others thought the same. However on reflection and having now listened to many of her interviews podcasts and such debates I believe she is actually talking as the voice of the Chinese people especially the younger generations, a hope and her vision of the future. I believe she is being honest in that she acknowledges things are not perfect now but its a transition and the current older politicians are not specialists in capitalism as we know and understand it, but considering so many young have studied abroad they do so going forwards China will be closer to the way we are, we have to be patient and understanding for now. Sadly with Xi's threats over Taiwan and drawing parallels with Putin and the war in Ukraine, we have to protect out trade routes and manufacturing supply channels, so the exodus of western companies from China will continue. War with Taiwan would destroy Globalisation and cause unmeasurable catastrophic disruption to trade. For China the irreversible damage has been done and we have to believe Xi's threats are real, we had that mistake with Putin we dare not do it again.

[@alexlazar4738]

LOL. Protect 'your" trade routes where 70% of traffic is the trade with China? After threatening China with Malacca dilemma to cut off the Chinese trade? Who has the greatest interest to protect that trade and who has the interest to disrupt it if China is the one who will suffer the most from disruption? Even a useless sold man can find the answer.

[@slc801]

I think your assessment of china is wrong because the aggressor is the US and the west history shows you that and President XI never threaten to invade Taiwan .

[@Y2KMillenniumBug]

Language of GOD. LET'S GET BIBLICAL

[@massimo626]

🙄

[@georgeszurbach444]

European created cities like Shanghai or Canton and been in China since the XVI century sp it has a very very good understanding of China.

[@longlilily]

not true

[@hofamily6718]

They are blinded by prejudice & inflated ego. That explains their shock of falling behind in TECH & ECONOMY.

[@okazaki111]

LOL

[@computer-ot8si]

But all western countries can't be more ridiculous than China that the foreign minister of china can suddenly disappear and without any explanation...lol

[@hofamily6718]

Much ado about nothing. China don't need to explain any internal info to the world.

[@computer-ot8si]

@@hofamily6718 now , even more highest rank officers in military department are missing. lol. Still no explanation to the world and to Chinese people in China.

[@tien7742]

I like to comment on the question: Who would make the 1st move in order to maintaining peace between China 🇨🇳 and USA 🇺🇸 as well as fulfilling world's peace 4 ALL ..The answer IS 👉 USA 🇺🇸 that HAD TO make the 1st move or perhaps the last one, since China's government's leadership's officials had already done their jobs as demonstrated in the past 3 years-longer..Besides, there was an old WISELY sayings which stated: WHOEVER ties the 🪢knots🪢 SHOULD BE the 1st ONE TO UNTIE those 🪢 🪢..Similarly, if one wanted to get married to someone else but already tied the 🪢 with another one..Wouldn't it be logical and legally to untied the 1st one completely before attempting to tie the 2nd one however one likes..Otherwise, one would be in jailed for committing to illegally polygamist acts..This law works in both countries of 🇨🇳 and 🇺🇸 as well as many other's nations worldwide 🌐..Am I correctly stated to All Superior Judges in San Bernardino County of California of 🇺🇸 and/ or to those in the Supreme Court of Judiciary branches of the USA government's systems?🤔?

[@justice9325]

There has been NO implicit contract between the ancient Chinese emperors and the common civilians ! The civilians were called 奴才 slaves or 草民 peasants.

[@maricel4083]

Wala akong paki alam sa economics or business na ginagawa nang china sa buong mundo?? Sa akin lang matuto kayong mag business nang tama at di puro pandaraya. Virus is weopon to everyone. Sovereign causes of war. And still oil the Philippines is a criminal its a crime. To geting deep detp all over the world using bank systems and business to all the country they you to build you should to pay in dollar yan lang malieanag. One thing also all the economics hv in china wher ever country they cn that kulang lang sa pondo. Honestly kasi lahat nang bank napasok ninyo kayat economics ninyo lumago nang husto using dollars and central or eny bank that hv conect to the fed kayat tigilan ninyo ako. King mga technology ninyo maraming bansa kaya gumawa niyan tapunan lang nang money. Money is more powerful then economics so enough i dont cre a cheating vountry

[@Y2KMillenniumBug]

The BIBLE story.

[@massimo626]

🙄

[@aliceingram5626]

China is on a PR mission. Shows desperation

[@irone7050]

its only a small retaliation to US demonization, divide and conquer mission. Real desperation

[@jackreacher8858]

Baby Jin when they say come in a 2 piece suit they didnt mean this one they mean that one . Disappointing ! BTW Jin dont do anything I wouldnt what eh !

[@NYdalesun]

How can be 5000 years ? China started from 1949

[@mohawk548]

The West are days counting , period .

[@massimo626]

But china is in the east

[@georgeszurbach444]

American civilisation existed 5000 years ago,like all human civilisations.

[@fvalemus5377]

Lol

[@nikki088]

Oh right, like the beautiful and intelligent Indigenous communities who white settlers obliterated and don’t care an ounce about…. yes, I feel proud of them too

[@lifeirony]

Dr Keyu is so fine

[@RajuSagiGayatriMata]

There is no reason for anybody to STOP and try to take a closer look at Chine - it is Chine that needs to EARN the trust of International Markets back - these changing LIES by day everyday is for the birds.

[@Highwind79]

here is no reason for anybody to STOP and try to take a closer look at US- it is US that needs to EARN the trust of International Markets back - these changing LIES by day everyday is for the birds.

[@Highwind79]

The same can be said for both sides