This week on Sinica, Kaiser is joined by Keyu Jin, associate professor of economics at LSE, who talks about her new book, The New China Playbook: Beyond Socialism and Capitalism, a wide-ranging, ambitious, and accessible book that explains the unique Chinese political economy, emphasizing both its successes to date and how it must change to meet the challenges to come.
01:01 – An overview of the book The New China Playbook: Beyond Socialism and Capitalism by Keyu Jin
09:22 – Is the criticism about being pro-China justified?
14:25 – The element of culture in the Chinese economy
27:56 – What is the mayor economy and what are its pros and cons?
38:00 – The power of the Chinese state to affect changes in the macroeconomy
42:52 – The modern state-owned enterprise and its purpose
47:39 – China’s financial system – the disparity between China’s GDP growth and its abyssmal stock market
52:07 – The current situation with the real estate market: Is the bubble going to pop?
1:02:03 – Pros and cons of the growth of the shadow banking sector in China
1:06:32 – The position of China in the global trading system
1:13:52 – How does China respond to technology restrictions in key areas such as semiconductor manufacturing?
A complete transcript of this podcast is available at TheChinaProject.com.
Recommendations:
Keyu: When the Facts Change: Essays, 1995-2010 by Tony Judt
Kaiser: 1776 (Musical)
Mentioned:
The New China Playbook: Beyond Socialism and Capitalism by Keyu Jin
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