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.com/
If you want to attend Intelligence Squared events in-person visit www.IntelligenceSquared.com

Пікірлер: 496

  • @wewave23
    @wewave2329 күн бұрын

    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

    @daffyduck4674

    28 күн бұрын

    Hi Vlad, how’s the war going?

  • @ImmigrantTribe

    @ImmigrantTribe

    28 күн бұрын

    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

    @wewave23

    28 күн бұрын

    @@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

    @wewave23

    28 күн бұрын

    @@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

    @ImmigrantTribe

    28 күн бұрын

    @@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.

  • @AZ-co4mn
    @AZ-co4mn9 күн бұрын

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

  • @catinbootsnow4267
    @catinbootsnow4267Ай бұрын

    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

    @taijistar9052

    Ай бұрын

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

  • @taijistar9052

    @taijistar9052

    Ай бұрын

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

  • @taijistar9052

    @taijistar9052

    Ай бұрын

    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

    @taijistar9052

    Ай бұрын

    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

    @wewave23

    29 күн бұрын

    ​@@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.

  • @vanveakrin276
    @vanveakrin276Ай бұрын

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

  • @chriswong9158

    @chriswong9158

    29 күн бұрын

    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.

  • @Nat_Ryder
    @Nat_RyderАй бұрын

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

  • @roro4787

    @roro4787

    Ай бұрын

    @@specifiko5877 stating facts or being daughter of a politician is not propaganda, just writing illogical comments and creating false narratives about a knowledgeable person is real propaganda.

  • @turtlesoup8134

    @turtlesoup8134

    26 күн бұрын

    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

    @1973HST

    23 күн бұрын

    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

    @1973HST

    23 күн бұрын

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

  • @Omen-id6xg
    @Omen-id6xg26 күн бұрын

    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

    @EzechuHeadd

    26 күн бұрын

    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

    @Vanzee-fb2xb

    26 күн бұрын

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

  • @Andrea-hy8df

    @Andrea-hy8df

    26 күн бұрын

    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

    @AthensPatao

    26 күн бұрын

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

  • @YvesAlexandre-ov2td

    @YvesAlexandre-ov2td

    26 күн бұрын

    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 KZread videos about it but I still find it hard to understand

  • @stanfords2978
    @stanfords297829 күн бұрын

    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

    @chriswong9158

    29 күн бұрын

    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

    @laowantongchau

    28 күн бұрын

    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

    @Andy-P

    27 күн бұрын

    If real estate under control then prices would be stablising

  • @skazka3789

    @skazka3789

    25 күн бұрын

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

  • @janneyovertheocean9558

    @janneyovertheocean9558

    21 күн бұрын

    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.

  • @summerchina6568
    @summerchina6568Ай бұрын

    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

    @junli6065

    29 күн бұрын

    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

    @Andy-P

    27 күн бұрын

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

  • @fredtan1506

    @fredtan1506

    27 күн бұрын

    Dual circulation is still in progress.

  • @fredtan1506

    @fredtan1506

    27 күн бұрын

    Dual circulation is still in progress.

  • @BH-2

    @BH-2

    12 күн бұрын

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

  • @DucaTech
    @DucaTechАй бұрын

    Should get Eric Li on the show.

  • @junli6065

    @junli6065

    29 күн бұрын

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

  • @Zhengc

    @Zhengc

    29 күн бұрын

    Also Joanna Lei

  • @bin.s.s.

    @bin.s.s.

    28 күн бұрын

    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

    @Andy-P

    27 күн бұрын

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

  • @turtlesoup8134

    @turtlesoup8134

    26 күн бұрын

    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.

  • @darvidkoh2707
    @darvidkoh2707Ай бұрын

    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.

  • @monipenny408

    @monipenny408

    Ай бұрын

    Like the mighty U$A!

  • @darvidkoh2707

    @darvidkoh2707

    Ай бұрын

    @@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

    @darvidkoh2707

    Ай бұрын

    @@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

    @chriswong9158

    29 күн бұрын

    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

    @chriswong9158

    29 күн бұрын

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

  • @michaelmarchal4004
    @michaelmarchal4004Ай бұрын

    Smartest and prettiest person in the room.

  • @bin.s.s.

    @bin.s.s.

    26 күн бұрын

    Perhaps in the wrong room.

  • @simonlee8889

    @simonlee8889

    20 күн бұрын

    @@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..

  • @crhu319
    @crhu31929 күн бұрын

    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

    @Andy-P

    27 күн бұрын

    Then why does China complain so much about the sanctions?

  • @ImmigrantTribe
    @ImmigrantTribe28 күн бұрын

    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.

  • @crhu319
    @crhu31929 күн бұрын

    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

    @yaphonghor4409

    28 күн бұрын

    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

    @ngkaiseng6818

    20 күн бұрын

    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

    @ngkaiseng6818

    20 күн бұрын

    0:00

  • @juliancochran

    @juliancochran

    Күн бұрын

    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.

  • @monipenny408
    @monipenny408Ай бұрын

    In the U$, govt helps the big corporations. In China, govt helps the small businesses.

  • @taijistar9052

    @taijistar9052

    Ай бұрын

    Nonsense! Which small business? One or two with connections?

  • @junli6065

    @junli6065

    29 күн бұрын

    @@taijistar9052Are you implying that the big corporates in US don’t have “connections”? Lobbying and donation of campaign money is legal over here, you know that?

  • @xothehost123

    @xothehost123

    29 күн бұрын

    lmao, China gives subsidies to eveybody including directly owning the biggest companies. Do you understand something about this country at all?

  • @chriswong9158

    @chriswong9158

    29 күн бұрын

    @@taijistar9052 If in question, go out there and see, China local businesses...

  • @chriswong9158

    @chriswong9158

    29 күн бұрын

    In the US, govt helps the War Machine Industries... In China, govt helps big, small and middle size trade companies.

  • @marktahu2932
    @marktahu293228 күн бұрын

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

  • @horridohobbies
    @horridohobbiesАй бұрын

    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

    @horridohobbies

    29 күн бұрын

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

  • @bobsmith3983

    @bobsmith3983

    28 күн бұрын

    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.

  • @colinlee9678
    @colinlee967829 күн бұрын

    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 ?

  • @user-qb7pf8ju9w

    @user-qb7pf8ju9w

    29 күн бұрын

    Uber!

  • @colinlee9678

    @colinlee9678

    29 күн бұрын

    @@user-qb7pf8ju9w What evidence do we have that Uber did not enter the Chinese market for a quick profit only ?

  • @bobsmith3983

    @bobsmith3983

    28 күн бұрын

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

  • @henrytep8884

    @henrytep8884

    26 күн бұрын

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

  • @cyberslim7955

    @cyberslim7955

    25 күн бұрын

    Samsung?

  • @vanveakrin276
    @vanveakrin276Ай бұрын

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

  • @chualooong1737

    @chualooong1737

    29 күн бұрын

    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

    @Andy-P

    27 күн бұрын

    That would be very good news

  • @ahkoy973
    @ahkoy973Ай бұрын

    An intelligent discussion indeed

  • @matthewjoseph7671
    @matthewjoseph7671Күн бұрын

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

  • @vanveakrin276
    @vanveakrin276Ай бұрын

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

  • @magnetospin
    @magnetospin24 күн бұрын

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

  • @TheRealIronMan

    @TheRealIronMan

    4 күн бұрын

    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.

  • @syedadeelhussain2691
    @syedadeelhussain269129 күн бұрын

    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.

  • @huangzongming8226
    @huangzongming8226Ай бұрын

    Interesting ❤

  • @Arcy0429
    @Arcy0429Ай бұрын

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

  • @firstlast-pt5pp
    @firstlast-pt5ppАй бұрын

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

  • @yoyolim538

    @yoyolim538

    Ай бұрын

    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

    @FrankiePo89

    Ай бұрын

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

  • @user-py4xt6rs5x

    @user-py4xt6rs5x

    Ай бұрын

    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

    @Andy-P

    27 күн бұрын

    That goes for China to.

  • @turtlesoup8134

    @turtlesoup8134

    26 күн бұрын

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

  • @miket8029
    @miket8029Ай бұрын

    Good speech and inspiring insight

  • @mariomastadon7650
    @mariomastadon7650Ай бұрын

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

  • @mariomastadon7650

    @mariomastadon7650

    Ай бұрын

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

  • @philj5518

    @philj5518

    Ай бұрын

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

  • @mariomastadon7650

    @mariomastadon7650

    Ай бұрын

    ​@@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

    @mariomastadon7650

    Ай бұрын

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

  • @Kingofthehill84

    @Kingofthehill84

    Ай бұрын

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

  • @vanveakrin276
    @vanveakrin276Ай бұрын

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

  • @duncankowable

    @duncankowable

    Ай бұрын

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

  • @bobsmith3983

    @bobsmith3983

    28 күн бұрын

    @@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

    @ericf1461

    26 күн бұрын

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

  • @ericf1461

    @ericf1461

    26 күн бұрын

    @@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. 😂😂😂

  • @Crom21
    @Crom21Ай бұрын

    informative content.

  • @ZephyrMN
    @ZephyrMN28 күн бұрын

    Delighted with this erudite and fact based conversation!!❤

  • @chiasunmeng
    @chiasunmengАй бұрын

    Good speech

  • @maquinadesoldarautomatizac9013
    @maquinadesoldarautomatizac9013Ай бұрын

    金美女🎉🎉🎉

  • @charlesqiu6190
    @charlesqiu6190Ай бұрын

    As always, amazing and smart professor Jin.

  • @alcheung405
    @alcheung40513 күн бұрын

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

  • @Abraham-uk4xy
    @Abraham-uk4xy2 күн бұрын

    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.

  • @thomasho4825
    @thomasho4825Ай бұрын

    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.

  • @user-ed9so2rb4k

    @user-ed9so2rb4k

    Ай бұрын

    Why did you change her surname?

  • @firstlast-pt5pp
    @firstlast-pt5ppАй бұрын

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

  • @NorCalMoDo

    @NorCalMoDo

    29 күн бұрын

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

  • @peterg0

    @peterg0

    29 күн бұрын

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

  • @yaphonghor4409

    @yaphonghor4409

    28 күн бұрын

    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!

  • @4956jerrysun
    @4956jerrysun29 күн бұрын

    Such rare talent

  • @chriswong9158

    @chriswong9158

    29 күн бұрын

    International Education with an open mind.

  • @tad9436

    @tad9436

    28 күн бұрын

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

  • @clueless485

    @clueless485

    27 күн бұрын

    @@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

    @phantom1076

    27 күн бұрын

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

  • @iamsheep

    @iamsheep

    26 күн бұрын

    @@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?

  • @yaphonghor4409
    @yaphonghor440928 күн бұрын

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

  • @firstlast-pt5pp
    @firstlast-pt5ppАй бұрын

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

  • @Kingofthehill84

    @Kingofthehill84

    Ай бұрын

    Thanks to Evs.

  • @crhu319

    @crhu319

    29 күн бұрын

    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

    @bobsmith3983

    28 күн бұрын

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

  • @CharlieSweigart
    @CharlieSweigart9 күн бұрын

    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.

  • @juliancochran
    @juliancochranКүн бұрын

    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.

  • @gscwongster
    @gscwongster13 күн бұрын

    Keyu Jin is very good

  • @Abraham-uk4xy
    @Abraham-uk4xy2 күн бұрын

    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?

  • @detectiveofmoneypolitics
    @detectiveofmoneypolitics23 күн бұрын

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

  • @vanveakrin276
    @vanveakrin276Ай бұрын

    An Alternative outlook

  • @santsuma
    @santsuma28 күн бұрын

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

  • @fredtan1506

    @fredtan1506

    27 күн бұрын

    Me, too.

  • @wohetang

    @wohetang

    25 күн бұрын

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

  • @mjmf1430
    @mjmf143028 күн бұрын

    Excellent speaker!

  • @deanmthomson

    @deanmthomson

    11 күн бұрын

    Agreed! 👍

  • @oumski6893
    @oumski6893Ай бұрын

    😮❤

  • @crhu319
    @crhu31929 күн бұрын

    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.

  • @HelenSurina-mv8ot
    @HelenSurina-mv8ot28 күн бұрын

    Still please and thank you

  • @istvandarvas3372
    @istvandarvas3372Ай бұрын

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

  • @jackding7420
    @jackding74207 күн бұрын

    She actually spoke for the Chinese government!

  • @binhe6500
    @binhe650019 күн бұрын

    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.

  • @perrylee1913
    @perrylee191325 күн бұрын

    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

    @danielopdenakker3010

    23 күн бұрын

    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

    @janneyovertheocean9558

    21 күн бұрын

    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.

  • @alainpannetier2543
    @alainpannetier254329 күн бұрын

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

  • @kaimingraymondchoi9909
    @kaimingraymondchoi990919 күн бұрын

    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.

  • @SazalibinkamsirSazali-zu5yo
    @SazalibinkamsirSazali-zu5yoАй бұрын

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

  • @SazalibinkamsirSazali-zu5yo
    @SazalibinkamsirSazali-zu5yoАй бұрын

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

  • @jaswindersian3159
    @jaswindersian315916 күн бұрын

    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.

  • @juliancochran
    @juliancochranКүн бұрын

    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.

  • @HelenSurina-mv8ot
    @HelenSurina-mv8ot28 күн бұрын

    The Miraculous Ladybug

  • @samyang5873
    @samyang587325 күн бұрын

    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 !!!

  • @mljh11
    @mljh1128 күн бұрын

    10:44 her witty joke appears to have been lost on the languorous audience, shame

  • @Do-not-be-sheep
    @Do-not-be-sheep12 күн бұрын

    The Bottomline is that the USA can contain China with one simple act. Make it illegal for American financial firms to invest in China - this will stop all cashflow from the USA as well as most of their allies. Introduce absolute trade barriers to all key sectors of China's economy - telecommunications, vehicles, electronics, medical, batteries, and steel. The most effective way to do this would be to introduce quotas that reduce China's imports by 25% each year so that in 4 years there are 0 imports from China. If during this time China changes it's political direction then the process can be stopped or reversed but under Xi this is unlikely. This is the best way to contain China and prevent a war.

  • @Whitfield369

    @Whitfield369

    3 күн бұрын

    It is obvious you are clueless, yet deluded yourself to think you are so smart. With all the sanctions placed on high tech exports to China, and all the pressure put on all the allies to do the same, you think the U.S. government did not think of that move? Well guess what they have not done that because they also know the consequence to the U.S., or at least consequence to those actually have the power to dictate the foreign policies.

  • @yellowsheeps
    @yellowsheeps17 күн бұрын

    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.

  • @Whitfield369
    @Whitfield3693 күн бұрын

    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.

  • @Jdvc-yd5tx
    @Jdvc-yd5tx13 күн бұрын

    What about the Paracels? Is that Davros - head of the Daleks?

  • @juvexp2000
    @juvexp200017 күн бұрын

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

  • @hamidhamidi3134
    @hamidhamidi313419 күн бұрын

    China can always have the option to encourage and accept immigrants from the rest of Asia. Population decline is not going to be a serious issue.

  • @rexcandy
    @rexcandy10 күн бұрын

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

  • @Whitfield369

    @Whitfield369

    3 күн бұрын

    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.

  • @SazalibinkamsirSazali-zu5yo
    @SazalibinkamsirSazali-zu5yoАй бұрын

    My job last time antil 03:00,am any county im join im love Horse racing must Leaning more deep

  • @SazalibinkamsirSazali-zu5yo
    @SazalibinkamsirSazali-zu5yoАй бұрын

    Thank you .im from singapore.im just Show to all how to done by tip number in seletion want they give.🤵🔑🌊🏇🌊

  • @rexcandy
    @rexcandy15 күн бұрын

    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

    @Whitfield369

    3 күн бұрын

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

  • @tuyolento3295
    @tuyolento329524 күн бұрын

    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.

  • @rocketsteel
    @rocketsteelАй бұрын

    Marry me now!

  • @perrylee1913
    @perrylee191325 күн бұрын

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

  • @thomasthomasphilp4393
    @thomasthomasphilp439320 күн бұрын

    White experts are stunned by this intelligent Chinese economist.

  • @danielopdenakker3010
    @danielopdenakker301023 күн бұрын

    Had a lot of guinness living in ireland. Can i invest in a few kegs.

  • @peterewert8407
    @peterewert840710 күн бұрын

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

  • @bingwu8146
    @bingwu814625 күн бұрын

    She is talking like Chinese ambassador , not an economic professor

  • @sarawilliam696
    @sarawilliam69627 күн бұрын

    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

    @PatrickFitzgerald-cx6io

    27 күн бұрын

    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

    @Pamela.jess.245

    27 күн бұрын

    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.

    @brucemichelle5689.

    27 күн бұрын

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

  • @Pamela.jess.245

    @Pamela.jess.245

    27 күн бұрын

    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.

    @brucemichelle5689.

    27 күн бұрын

    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.

  • @SazalibinkamsirSazali-zu5yo
    @SazalibinkamsirSazali-zu5yoАй бұрын

    🤵🔐🏇🔑🌊🏇🌊🗝im want to look 🏇frist🏇second 🏇Thrid🤵👀 Tiece must done.we must help the poor person how him👴 ,or 🤔..👵She if Dame just share (1) how to win more thing the other.

  • @HelenSurina-mv8ot
    @HelenSurina-mv8ot28 күн бұрын

    Thin Space Collective Unconcious Eleven Inch Mind

  • @user-iw2gj9gk4j
    @user-iw2gj9gk4j14 күн бұрын

    Very smart lady 🇺🇸✌🏻

  • @theHX11
    @theHX1128 күн бұрын

    The economic and political landscape cannot be changed.

  • @lotuseletre8724
    @lotuseletre872428 күн бұрын

    Has Keyu addressed the major issue of the demographic in regards to the consumption? Low future domestic consumption is a huge obstacle for growth model.

  • @EdwinaTS

    @EdwinaTS

    9 күн бұрын

    Not really. If robots does 100% of the work in future, humans can just do what they want to enjoy the productivity of robots. Just need to change the political-economic system.

  • @SazalibinkamsirSazali-zu5yo
    @SazalibinkamsirSazali-zu5yoАй бұрын

    im want dame done Tiece and Quartet 👍🔑im hope dame must done

  • @hydroac9387
    @hydroac938715 күн бұрын

    China's real problem is demographics. China has one of the fastest aging populations and lowest birth rates in the world. According to UN projections China will go from 1.4 billion today to around 770 million by 2100, and it has already lost the title of most populous country to India in 2023. The Shanghai Academy of Social Sciences (a Chinese think tank) says that in the 2020 census the Chinese over counted their population by 100 million (that's the population of some countries!), and almost all of them are under 40 (e.g - reproductive age). Moreover, the majority of the missing millions are women because during the 40 year run of the One Child policy families preferred sons. The average American is already younger (~38 yrs old) than the average Chinese (~40 yrs old), and by ~2085 there may be more post-65 Chinese pensioners than workers. Think about the implication of that for a minute. For reference, the UN projects that the population in the US will increase from about 330 million today to just shy of 400 million in 2100. Although the US has a declining birth rate (which is ~1.7, with replacement rate being ~2.1), that increase is due to immigrants who want to come to the US. All the US has to do is wait. That said, I just bought Ms. Jin's book on Kindle, which I think will be an interesting read.

  • @anon.6678
    @anon.6678Ай бұрын

    44:39 Facepalm moment! Host, you were doing so well. Why would you ruin it? Keyu is not amused! 😅

  • @cyberslim7955
    @cyberslim795525 күн бұрын

    21:30 How to turn robots into consumers? What do you do with all the stuff produced by robots, if you have declining impoverished population?

  • @EdwinaTS

    @EdwinaTS

    9 күн бұрын

    Change the economic-political system so that humans can enjoy the productivity of robots!

  • @cyberslim7955

    @cyberslim7955

    9 күн бұрын

    @@EdwinaTS We do already, big time. Think back 50, 100, 200 years... If people have now work at all anymore, what do they do without getting wasted and violent???

  • @SazalibinkamsirSazali-zu5yo
    @SazalibinkamsirSazali-zu5yo8 күн бұрын

    im hope Tiece ,Quatet must be done is better 🏇👍🤵🌊🔑📱👀im still look

  • @user-iw2gj9gk4j
    @user-iw2gj9gk4j14 күн бұрын

    Chinese products have classes of product’s qualities clas 1, 2 and top quality you just have to pay more for better products 🤷‍♂️

  • @SazalibinkamsirSazali-zu5yo
    @SazalibinkamsirSazali-zu5yoАй бұрын

    im ,Np pure water kaki.🌊C4, not clever but im still look.at you share tip.📱👀

  • @humingubt
    @humingubt21 күн бұрын

    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.

  • @titilna4657
    @titilna465729 күн бұрын

    😂yes prezeces me iteligjenc super bjutifull end copliment

  • @cd7707a
    @cd7707a16 күн бұрын

    Try speaking up in China

  • @khaitran4710
    @khaitran471011 күн бұрын

    Great talk. the guy breathes in the mic too much. please stop the breathing.

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