Prof. Justin Yifu Lin on outlook of Chinese economy, in global context
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- Опубликовано: 25 июл 2024
- Prof. Justin Yifu Lin's interview with Casa Asia on the evolution of the Chinese economy over the next few years, its comparison with Western economies, such as Japan, the US, and the EU, China-US relations and the actions China is taking regarding the climate change emergency.
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Well said Justin ❤
China is still the greatest country in solving hardcore poverty and growing its economy in last decades.
He said "competitive advantages."
China must be aware of those who want to put sticks between the wheels and counter them. In the economy, the US wants competition and this means that there is only one winner. In that scenario, China will have to defeat the US economically and financially to survive.
Noting he said is I don't know. Aka it is all cliché
China plays the game by Western rules. China plays the game too well. The West is jealous.
I always say that while China play weiqi (or go), the West plays tic-tac-toe.
by baanning u-
tube
@@zackk7175all governments should take responsibility banning misinformation. Unfortunately only the Chinese government does it right. There is Too much misinformation on RUclips.
I think China should already be conscious of the animosity coming from the west. To the west trade is just a geopolitical tool. Expecting some sort of rules is naive. But playing the BS game is probably the wise thing to do with the west.
One solution fits all problems I think not. China problem is insufficient domestic demand. Need wealth transfer from stage to people Not more development making things or creating things few can afford to buy
Agreed. Seems communism keeps people poor rather than becoming better off as the country becomes wealthier. Local people becoming wealthier would stimulate domestic demand. Flooding the world with low quality cheap products is not the answer; people are tired of low quality products.
The English transcript reads like nonsensical English!
Is this what the professor really said?