

The Intelligence Squared Economic Outlook China Special, with Keyu Jin
May 26, 2024
Keyu Jin, an Associate Professor at the London School of Economics and author of "The New China Playbook," dives into the complexities of China's economy and its global implications. She discusses the slowing growth rates, high youth unemployment, and the turmoil in the domestic property market. Jin explores the potential repercussions of economic vulnerability on U.S.-China relations and addresses the rapid advancements in AI tech as a response to restrictions. Her insights challenge misconceptions about China's unique development model and the evolving mindset of its youth, emphasizing innovation amid change.
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Global Economic Outlook
- Asia will drive global growth, with India, China, and Indonesia leading.
- However, rising protectionism and a shift from pro-growth agendas are concerns.
AI Supremacy Race
- US-China tech competition is escalating, exemplified by the US halting AI microchip shipments.
- This restriction may accelerate China's tech development, similar to historical precedents.
China's Transformation
- Keyu Jin witnessed China's rapid transformation, from blackouts to booming construction.
- This growth contrasted sharply with negative US perceptions of China in the 1990s.