I have huge respect for Dr Keyu Jin. I love her approach on how she conducts herself and reveals how deep the China culture is without being confrontational. A quality person.
@@greaterbayareahero1401 learn some basic logic, my reply has nothing to do with your right or wrong. And how come my comment has anything to do with "woke"? Isn't woke left Marxism? What have you been drinking?
@@Sunshine-xk5yh "what ideologist you are" how do you even draw that conclusion? You have no clue how much i understand that country, it's a conclusion i drew on facts, knowledge, experience and logic. No one will praise the Party if they know it well enough. Hence the only conclusion is she is either paid or controlled by the Party.
We r going to Shenzhen soon, then we r going to Chengdu, Chongqing, Shanghai, Hanzhou, Busan & Seoul. The best way to know about China is to see it with your own eyes.
Nothing farther from the truth! That's a very open-minded point of view! As I always tell people, if you are going to believe everything reported in the main stream media, then please read the main stream media not only from the the U.S. or the West (with narratives predominately lead by the states), but also from China, Russia, & other parts of the world (read or watch the English version if one doesnt understand their local languages). The best is be there or live there for a while before you judge.
@@xiu-li Dude, you must've never lived in America. I started getting scam phone calls and text messages a few months after I came here and got a new number. The scariest thing is the scammers call me by my real name. Every single person I know in America gets scam calls on a regular basis.
Professor Jin Keye is the daughter of Jin Lijun, current President of AIIB and China's former Vice Minister of Finance. She has the intellectual brilliance of her father. With a Harvard PhD, a tenured Professorship at the LSE and experiences with the World Bank, IMF and China's banking regulatory authorities, she'll be the man to watch for the next generation of Chinese leadership. I'm sure she'll be the voice of rationality for not just China, but the global community. We in Singapore wish her well. For a better understanding of the psyche of the Chinese, I suggest American and European readers also Google alternative China watchers like Professor Mahbubani, Prof Jeffrey Sachs, Prof John Mearsheimer and Mr George Yeo, the former Foreign Minister of Singapore. Readers should also understand that Prof Jin is a Harvard graduate and teaching at the British LSE. She's an economist by training and not a politician by profession. We can expect her to excel in economics, but not to corner her to answer questions which she herself said is not her domain expertise.
She'll be the man to watch??? I know in America you have 72 genders, but can we agree on whether she is a woman or a man. Or has she declared herself to be a man?
I doubt she has any influence as long as Xi is in charge. These western educated Chinese princeling technocrats used to run China till Xi took over. Now they are too western in China and too Chinese in the US.
The music is so calm and comfortable. Hopefully it reflects the situation where we are. It is so hard for China to grow strength even Chinese works so hard, and wants to live peacefully.
She is doing her best to better the relationship between China and USA . Herculean efforts needed but I hopeful this 2 great nation will become buddy nation . China might need to hold her nose tbs
I guess it is very comfortable if you do not feel that your conscience is asking to do things that the state does not allow. In the last generation the West is not much better. It was amazing when at the turn in the millenium here in Canada I realized that there were things I could not say at work or at my child's school even. I thought I had arrived to the True North Strong and Free. But we will be free again.
What disgusts me is - why does anyone has to answer on their nation's political or military action? Who asks I_s_r_a_e_l or US about their m_a_s_s m_u_r_d_e_r_s? Who asks US about their iron rod weilding over everyone's shoulder? Also, who's US/UK on what happen to Taiwan? By democratic ideology, it's the people therein who has the right to decide. But foreign govt.? Who are they?
So sad to see how ignorant and brainwashed Americans are when it comes to China. But understandable given the constant fear mongering and anti China propaganda being constantly spewed on western media outlets. I hope this talk will encourage others to get outside of their echo chambers. Kudos to the speaker for handling these questions with such patience and aplomb. For other China perspectives, I encourage people to also read economist Michael Hudson and Ben Norton of Geo Political Economy Report. The music performances at the beginning were quite lovely.
Totally agree about Michael Hudson and Ben Norton - both wonderful resources on international affairs. Also, they are American experts so they can be straightforward about the rotten attitude of the U.S. government towards China. Dr Keyu Ji seemed to be walking on eggshells on U.S./China relations and maybe feels that her role needs to be more of an ambassador than analyst/critic.
Agree. 1. She mention China n Hongkong are two countries 2. She is not even direct enough to recognise that Taiwan is part of China as is recognised by majority of the countries. Said when you are out of China U are pressured to criticise China.😅
@@GIZMO3380 she simply made a mistake about Hong Kong. She is not a politician but was asked to address all these highly sensitive questions. The pressure was too high. Similarly she talked about China (sic) being neighbor of China. What she meant was Russia.
Brainwashed Americans?? Are you kidding? Under what standards are you comparing the two nations and coming up with this kind of conclusion? I am fluent in both Chinese and English and know both nations quite well. I cannot agree with this assessment. The only segment of Americans that are potentially vulnerable to brainwashing are the students studying under a progressive high school teacher or college professor.
When you have a massive project like the Belt and Road Initiative, it is inevitable that you will hit some speed bumps. Nothing ever goes perfectly. However, overall, the BRI is a great success. Over 150 countries participate in the BRI. China is not predatory when it comes to loans. China has never seized foreign assets over debt default.
Depends on who you talk to and how you measure success. 1 trillion dollars if you ask me as a Chinese should be spend domestically on providing a safety net for the 600million in poverty.
People never admits that they need a heavy hand to keep them in track ... why do you think we have religions and laws ... freedom is just a word with no meaning if abused ... China has done remarkable trying to balance governance
It's not heavy hand. The thing is - everyone acts according to their own interest and benefit. But an average person or a small business only can has their surroundings to look at. Only a bigger entity, who has a global view can guide what's better on the long run on a larger milieu. Even then, a for-profit organization can never go beyond profit-optimization. This is here govt is needed.
What Keyu Jin is woefully neglecting is that Global South nations especially those impoverished countries now are counting on China to lift them out of poverty and assist them on economic development, after over a century of exploitation at the hands of Western imperial powers.
she's being diplomatic .... being the host country and all.....but you're spot on! WESTERN nations left Africa to die until CHINA decided to help with the Belt and Road infrastructure project
Kudos to her bravery to give a talk in such a time. One thing I’m not certain. People say one child policy limited the birth rate. But I think the education of woman probably had more effect on it.
@@gracetse1276 So have we been told. So have we been taught. I also believed that to be Chinese means to believe that the one child policy was crucial in avoiding the starvation of my parents’ generation. But I bet the Great Leap Forward and cultural revolution had more of a role to play in the starvation part. But to pin the population effect of all these factors is really hard.
@@agoodchow I’m not so sure that population shrinking from 1970 to 1980 was due to government policy. Because one child policy started in 1980. And after 1980, the population growth actually increased, until 1990. I don’t know how effective the one child policy really is. Although I do remember growing up in the 80/90’s (I was born in 82 and was affected by it), it’s something that was in the propaganda all the time.
What I don't understand is how the West and US are more concern of the people in China well being but not with their own country governing of their own people lives.
I am not sure how much I agree with "there needs to be a lot more market and a lot less state". Being an American who has had the advantage of having lived in China for a time, the thing that keeps China safe from much of what I can only describe as the suicidal chaos of having big business own your government, is the unmitigated power of the Chinese people over the powerful business leaders who if left unrestricted would have very little issue doing exactly the same thing to China as they have done to the U.S. which has been to leave it a desolate mad max wasteland complete with roaming bands of thieves and killers.
Capitalism isn't bad but in the US that system has been hijacked by the Deepstate. I bet you never heard who they are but even the UK shortest tenured PM has spoken out because her policy was literally stabbed by the insiders without giving chances to negotiate as main party in power. . I am just speechless how deeply ignorant Americans to their own country are until someone like Trump has voluntarily stepped up and rallied head to head with this evil group. Other billionaires had laughed him out until very recently changed the tunes. It's too late
Every mouthpiece who defended Bidenomics is likely part of that group. They've been groomed for so long they cannot leave but Trump has and that's why they want to rid him
US and China are sort of two different systems. The govt power are restricted in US while unbounded in China. Business impact are more powerful in US while being pressed in China. Chinese one-party dictatorship makes its leaders look/act like dictators but they are not exactly the types of dictator as western people think. US Business leaders in US big corps have much more power than their Chinese counterparts.
I'm British and have been living in Asia for the last 20 years.....ONE advice i'd give to people is: GO and visit China and other countries outside of the US, UK etc......you will be pleasantly surprised and will be ANGRY at your government and the western media for all the 'news' you're fed everyday since you were born lol .....wishing you a happy 'enlightenment'
@@LanNguyen-vd4zt A jealous viet lololol. Vietnamese should join India and form the jealous organization of China in Asia. You can get America to fund you.
I don't understand the question about Hong Kong. Hong Kong was returned to China from the British in 1997. It is indisputably part of China. What's the issue??? Hawaii is part of the USA, which took the islands in 1893 by overthrowing the Hawaiian monarchy. Why isn't this an issue? Hong Kong is nobody's damn business but the Chinese.
Some people care, some Americans care. If you don't care... I respect your choice. But that doesn't mean that Hong Kong is not facing some problems. I'm from Hong Kong.
@@CyberneticOrganism01 Then you are familiar with Nury Vittachi, right? He's a prominent Hong Kong journalist who debunks Western propaganda about Hong Kong. I'm certain Hong Kong faces some problems. What city or country in the world doesn't? But most of the stories about Hong Kong from Western media are garbage.
@@horridohobbies It's not easy to describe what's happening in Hong Kong or in China 1) democratic protests in 2019 had been crushed by government 2) some of those protesters might have been infiltrators who wanted to sabotage the movement 3) Hong Kong as of now does NOT actually have democracy but some people continue to fight for it, including myself (though in 2019 I was among those who criticized the protests, and I thought democracy was bad for China) 4) the Chinese people are advancing and learning quickly, but they're focused on technologies and making money while their political ideology remains very backwards and barbaric ... time and resources are squandered on in-fighting... everyone is everyone's enemy... people lying through their teeth are seen as smart and successful, like this speaker 😑 5) if a country does not respect freedom of speech, those in power could make up any story they want, and many Chinese have no sense of why freedom of any form is important. Like this woman praising the current government because doing so is in her interest ... I was American-educated... I spend a lot of time trying to spread ideas of democracy and freedom in China... as a result I suffer censorship on a daily basis... this is an on-going struggle... if the balance is tipped, people like me could end up in jail or even dead... and this woman is defending the staus quo... no wonder so many comments say she is "smart" 😮💨
The United Nations does not recognise Taiwan as an independent state. Neither does the United States. So in what sense is Taiwan not part of China? By international law, Taiwan is part of China. Moreover, the entire world subscribes to the One China principle. Now, here's a crucial question: What right does the outside world have to interfere in China's domestic matter regarding Taiwan? Here's another crucial question: Does the outside world want to fight a devastating war with China over Taiwan? Why? Has anyone given any thought to what war with China would be like? The world economy would collapse; all nations would suffer. Millions of lives would be lost to years of bombing, shooting, starvation and, in the worst case, nuclear destruction. Who in their right mind wants this?
I had heard Taiwan but never new what was happening there, even today I am not concerned at all with Taiwan, I am looking for my family my problems are more important than chips in Taiwan. But if you want to shift my focus from my family, bullshiter I am telling you are wrong.
A very honest point of view of a person that really knows his countries and the US. Shortly, in china the capital serves the interest of the state, they can't do what they want, in the very opposite of US.
When geopolitics mess more with international economics, this will change the science of economics, and bring more deep study of the theory, models and practices of political intervention of international economics.
I suggest you visit China Trade Fairs for start . After that, try to make some friends there which will later on provide you insights into China Manufacturers and Business People. The rest is up to you to either accept or reject an alternative to Western MSM Propaganda. You won't be disappointed for your 1st visit if you have never been there. Start of from Hong Kong, then in Shenzhen, Kwongzhou, Shanghai and Beijing.
China is unstoppable in every aspect of development, a country with big markets and innovations, there are no sign of communism when they speak they even look better in explaining ideas that the West. I have lived myself in communist country in YU which was the best version of communism but still was very bad ideology, this way of thinking of Chinese it doesn't look to me communist at all. To me it looks more like socialist country than a communist one. If you would not know that are Chinese and show you for the first time and you measure their content you would think that their quality of values is much higher than the West, to me it looks more Confucianism than the Communism. The West has no chance to compete for the moment each new day is new achievements for them especially in electronics, robotics and machines, extremely motivated for progress, the West is more like lazy society which is based on empty mixture of words rather than real values. The center of ideas has already shifted in China. Five years from now things will be even more clear for the people of the world. Let's see what will happen.
🎯 Key Takeaways for quick navigation: 00:00🎶 Opening music performance by Chinese ensemble - Chinese performs traditional music on instruments like Hu Lu, Chinese Flute, and Gu Zheng. - The ensemble introduces the instruments and provides context about the musical pieces. 07:07 *🎻 Continued music performance by Chinese ensemble* - The ensemble continues to showcase their musical talents, performing additional traditional Chinese pieces. - The performers demonstrate the unique playing techniques and sounds of their instruments. 16:21 *🇨🇳 Introducing the speaker, Dr. Keyu Jin* - The director of the Westminster Town Hall Forum introduces the speaker, Dr. Keyu Jin, a renowned economist and expert on China. - Dr. Jin shares her personal story of coming to the US as a teenager and experiencing the differences between China and America. - She explains her goal to provide a different perspective on China, beyond the emotional and sensationalized narratives. 42:55 *🔍 Common misunderstandings about China's economic model* - Dr. Jin notes that one of the biggest misunderstandings about China is how its economic model actually works. - She states that there are 30 million private companies in China, suggesting the economy is more complex than commonly portrayed. - Dr. Jin aims to provide a different lens to understand China's unique economic and political system. 43:09 *🏭 China's decentralized economic model* - China has over 30 million private companies that have emerged rapidly in recent decades, contrary to perceptions of a centralized system. - Local government officials, like mayors, have incentives to support and help private entrepreneurs succeed, leading to rapid economic growth. 47:45 *🤝 The role of the state in China's development* - Dr. Jin acknowledges the tensions around the state's role, but argues emerging markets often need more state capacity and coordination to spur development. - China's high-growth, high-cost model has problems, but also lifted a billion people out of poverty, highlighting the tradeoffs. - Despite current challenges, Dr. Jin believes China still has potential for further growth and development. 51:09 *📈 Misunderstandings about China's aspirations* - China's main focus is on domestic challenges, not overtaking the U.S. as a global power. - China sees the rise of other developing economies like India and Africa as opportunities, not threats. - China is focused on upgrading its industries and moving up the global value chain, not just producing cheap goods. 55:21 *🧠 The new generation of Chinese* - The post-1980s generation in China is vastly different from previous generations, being more open-minded, innovative, and globally connected. - This generation is more focused on leisure, consumption, and borrowing, not just saving. - The one-child policy has also helped close the gender gap in education and leadership. 01:04:13 *challenge China's economic model* - The real estate crisis and broader economic slowdown in China are testing the limits of the country's development model. - Dr. Jin acknowledges the need for China to shift towards more market-oriented reforms, with less state control. - However, she believes China still has significant potential for further growth and development, even if the pace of expansion slows. 01:07:00 *💰 China's aspirations for internationalizing the renminbi* - China has ambitions to internationalize its currency, the renminbi, to challenge the dominance of the U.S. dollar. - However, Dr. Jin notes this is an extremely difficult goal, as the U.S. financial system and Treasury market are deeply entrenched. - She suggests there may be desires in the developing world for alternative financial systems, but replacing the dollar remains a massive challenge for China. 01:08:09 *🇭🇰 The relationship between Hong Kong and mainland China* - The fate of Hong Kong and mainland China are closely linked, as Hong Kong serves as a financial center and gateway for China. - While there are challenges, Hong Kong residents remain optimistic about reinvigorating their economy and finding ways to coexist with the mainland. - There are complex cultural and historical factors that shape the Hong Kong-China relationship. 01:11:06 *🌍 China's Belt and Road Initiative* - The Belt and Road Initiative was China's vision to build global infrastructure, but it faced implementation challenges and debt concerns. - The younger generation in China is less focused on hard power and geopolitics, and more interested in soft power and innovation. - There are debates in China about its global role and values, just as there are in the U.S. about America's global engagement. 01:15:14 *🛍️ China's approach to intellectual property protection* - China has historically had weak intellectual property protection, but is now working to improve its legal framework and enforcement. - This is important not just for foreign companies, but also for fostering domestic innovation within China. - The cultural attitudes around intellectual property are also shifting, with efforts to educate the public, especially the younger generation. 01:16:38 *🇹🇼 The complex issue of China and Taiwan* - There are concerns and uncertainties around the China-Taiwan relationship, but Dr. Jin emphasizes the importance of dialogue and avoiding conflict. - The majority of Taiwanese prefer the status quo, rather than independence or unification with China. - Miscalculations and misunderstandings could escalate tensions, but there are also signs that the Chinese leadership values stability and peace in the region. 01:21:15 *🤝 The balance of state and market in China's economic model* - China's model is not strictly communist, but rather a unique balance of state coordination and market mechanisms. - As China develops, Dr. Jin believes it needs to move towards a greater reliance on market forces and less state intervention. - However, the optimal balance and role of the state is an ongoing debate, both within China and internationally. 01:22:22 *🧑🎓 The changing dynamics under President Xi Jinping* - The younger generation in China desires a freer and more open society, but they are also skeptical of the problems faced by Western democracies. - President Xi's agenda has shifted towards greater control and a more prominent role for the state, which has raised concerns but also reflects broader global trends around equity and the relationship between politics and capital. - Experts argue China needs to maintain a pro-growth agenda, while also addressing issues of equity and social welfare in a more balanced manner. 01:25:32 *🚘 Potential trade wars and tariffs* - Tariffs and protectionist policies, like those proposed by U.S. presidents, would likely lead to retaliation and higher prices for consumers, without addressing the underlying economic issues. - China would likely find ways to work around trade barriers, such as increasing investment and production in other countries. - The interconnected nature of the global economy makes it difficult to completely decouple the U.S. and Chinese economies, despite political tensions. 01:28:01 *🧑🎓 China's demographic challenges and education system* - China's aging population and declining birth rates are a concern, but the more urgent challenge is the skills and education mismatch in the workforce. - China needs to focus on providing the right technical and vocational training to meet the demands of its rapidly evolving economy. - The high cost of education, especially for urban families with only one child, has caused significant anxiety and led to government intervention in the education sector. 01:30:48 *🏫 Challenges in China's education system* - China's education system focused heavily on standardized testing, which has limitations but also provided opportunities for social mobility. - Reforming the education system is a challenge as China seeks to become more innovative, but a one-size-fits-all American model may not work for China's scale. - The education system and its pressures have contributed to anxiety among the younger generation in China. 01:31:43 *🤖 Concerns over Chinese tech companies and data* - Data privacy and national security concerns have led to debates around Chinese tech companies like TikTok operating in the US. - However, Dr. Jin cautions against overly broad restrictions, noting the need to balance national security with upholding free market principles. - She suggests a more targeted, narrow approach to addressing specific data and security concerns rather than sweeping bans. 01:33:33 *🌐 Maintaining open communication and collaboration* - Dr. Jin emphasizes the importance of keeping communication channels open between people, businesses, and leadership in the US and China. - She highlights areas like student exchanges, scientific collaboration, and small victories in cooperation (e.g. on fentanyl) as ways to build trust over time. 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I'm from Taiwan and like Dr. Jin I've also spent some significant time living in America. I can honestly say I love both America and China. It is refreshing to see positive coverage of China. It would be amazing to see more bridge-building between these two superpowers. I truly believe good things can come from these two superpowers working together instead of fighting each other every step of the way. Everyone on this planet will be greatly benefited if the west and the east can work together.
When you immerse yourself in a pool of amicable international intellectuals, you would start to think that there's hope for peace and love after all. And then you unimmerse yourself and see those inept US politicians again, get reminded, and say to yourself "oh fudge".
I have to find her book's cliff note. She peaks my brain. In my next life, I will get in Harvard & date a girl like her :(). Man, she is insightful & thought-provoking. Peace & conflict have to co-exist, at the same time, & at least until we have a mature balance with predictable paths.
The host was not even sure about his country's stance on Taiwan. Utterly shameful. Go study Nixon, Jimmy Carter and the UN and more than 100+ countries' position on Taiwan, which is Taiwan is part of China!!! A very biased host to say the least. Dr. Jin was being very diplomatic to this skewed host.
I did a quick-and-dirty, back-of-the-envelope calculation comparing GDP growth between China and India... Optimistically, assume 7% GDP growth for India over the next 50 years. Assume 4% GDP growth for China over the same period. India: 1.07^50 = 29.5 China: 1.04^50 * 4.7 = 33.4 [China's GDP is 4.7X larger than India's.] So, after 50 years, India still can't catch up with China.
The human collective needs to work on a totally different path to the one we're on at present. For far too long we have used money as a form of encouragement, as from our consumer economy, we're polluting our only home and depleting our finite resources. We now process the technology to allow enough food and housing for every person on this planet, what we lack is consciousness and will to make this change which is not at all impossible. Instead of promoting wealth for the individual where greed is considered the norm, we should be aiming to share our resources for the greater good of humanity. We are infinite souls experiencing separation in a human vessel, we come with nothing and to leave with nothing except our 'experience'.
The ethical way to think about China, Taiwan, and the rest of the world is that Taiwan is legally a part of China and it will remain that way. That is a fact, it will not be changing. Denial is not a river in Egypt. I mean if the U.S. wants an Island in Southeast Asia, it already has the Philippines and in over 100 years, it has not improved under its expert guidance.
I take it a different route. It's for the people of Taiwan to decide. And foreign govt. interfaring in that is serious violation of democracy and sovereignty.
@@aniksamiurrahman6365 Taiwan is China already. The foreign government in this situation is the United States. It is no more Taiwan's decision than it would be New York's decision to secede from the United States. If the Confederate government had fled to St. Simons Island, that would not make it a different country.
Maybe the west needs to start learning from China instead of seeing its massive productivity as a threat to western commerce and employment. Working with China and adopting better highly productive manufacturing in the west to produce more and more competitive goods that everyone would want to purchase and so compete with the value goods coming out of China today. MAY FOOD AND OUR EVERYDAY HOUSEHOLD APPLIANCES BECOME MORE AND MORE AFFORDABLE. That is what this consumer world requires.
She mentioned about the help from mainland China to Hong Kong in 2003 after SARS. As a mid-age Hong Kong people, I can remember that clearly. However, many young Hong Kong people do not know or cannot remember that. They only see the shortcomings of some some tourists from mainland China, blaming mainland money pushing prices up.
Communication with an open heart and mind can solve the many problems we ALL are facing everyday . The problem is when one comes in that premiss but the other has a hidden agenda behind and LOADS of PRIDE. The low income in this U.S.A. depended on Dollar Tree stores for almost everything nowadays these stores shelves are empty. A 1000 of these stores will be closed very soon. That is going to be a big PUNCH on the face.
I read a research paper claiming that the size of government in GDP for both China and USA is about 37 percent. So why do we think that China is less market oriented than USA? True the narratives are different. The ruling class in China talks about socialism, while the one in USA talks about markets. But in reality not much difference. The difference between the two countries is political than economic. But even politically they are not that different. Both are ruled by their respective elite. However the ways the elites are organized are different.
Jin comes from a Chinese CCP elite family and represents the new generation of CCP elite group, who embraces the regime wholeheartedly. She is commissioned to ‘sell’ new storylines and to influence western societies about China.
Though she may be well studied in economics, based on pren2020 data or so. However, she is already behind the times in terms of evolution of China, where it's evolving on a monthly basis politically, economically, and socially.
When she started to talk about China based on economic research, I know she is going to talk about China in a economic/richness perspective. It is as if understanding China is to understand HOW MUCH MONEY CHINA HAS MADE. It is a results of the indoctrination of the current generation of the young people by CP. Nothing to do with culture. As a member of the elite class as the daughter of a vice minister of the CCP government in the protected and highly privileged circle until age 14, she does not know China at all. Shameful propaganda (maybe unwittingly). Western education only gives her the language and skills for more polished propaganda, a disservice to ordinary Chinese. The West adopted her and accepted her, can China do the same for a Westerner in China's elite universities, and allow or welcome that westerner criticizing China in China?
The Facebook page of Westminster Townhall Form says, "Since 1980, The Westminster Town Hall Forum engages the public in reflection and dialogue on the critical issues of our day from an ethical perspective". I admire Dr Keyu Jin greatly for her ability to speak so eloquently and also her very understanding of China. I have one big disappointment in regard to her speech - a missing critism of USA's containment of China. This containment or as many have put it, the US attempt to destroy China's economic growth, is a monumental ethical issue and should have been pointed by Dr Jin. It doesn't matter whether it's China or India or any other country, to stop or reverse the economic growth of a country and therefore potentially bring back poverty to the people of that country is unethical and immoral. In fact, I would define it as an act against humanity.
State media in China have amazing journalists on CGTN The Point-Hub-Heat. Documentaries Terracotta Warriors-Spring Festival-Tibet.. Just amazing. Reporterfy Media
people in UK/US needs to visit Asia to see what development means... Im a brit living in CN and ihave to say we are wrong to be confrontational. better work together work together for a better world !
Xi Jinping must be a great guy, when he is saying, let the younger generation figure it out. Wish i had the chance to talk to him. I wish our leaders would give us the chance to get creative. But here it's just narcissism and this hurts.
As Yanis Varoufakis wrote in one of his books on basic economics, it's impossible to remove politics from economics. Quite understandable why so many of the questions directed at Dr. Jin were about geopolitics.
Im really surprised by the speech of this woman, a rare english spoken Chinese who speak like a Chinese and has a clear understanding of the Communist, in a good way.
Keyu Jin (China, helping the West in understanding economy), 39:50 51:48 China keeps its own house in order (hi J.Peterson;). The US do the opposite :( 1:01:05 Qns start
She's wrong about one thing 48:00 Most western capitalistic economies rely heavily on governments in terms of contracts and subsidies and bents on the rules and regulations. It's called corporate welfare and most wouldn''t survive without that.
I really like it when she says “This is America , not China.😏😏😒”. Westerner loves to use they own background to judge others…. It’s getting too old now. 🙂↔️🙂↔️🙂↔️
China has largely transitioned to state-capitalism, where the capital is held primarily by entities associated with the ruling party, which can best be described as holding an ultra-authoritarian and ethnonationalist ideology. The best historical approximation for this setup is called "fascism", China satisfies almost all of Umberto Eco's criteria for Ur-fascism. There is nothing new under the sun and China has certainly not gone "beyond" anything.
I have huge respect for Dr Keyu Jin. I love her approach on how she conducts herself and reveals how deep the China culture is without being confrontational. A quality person.
why do you respect such a ccp propagandist?
@@ernahubbard2062 By the nature of your woke reply, you have convinced me that I am following the righteous path in life.
@@greaterbayareahero1401 learn some basic logic, my reply has nothing to do with your right or wrong. And how come my comment has anything to do with "woke"? Isn't woke left Marxism? What have you been drinking?
@@ernahubbard2062 Because she is realistic and knowledgeable. what ideologist you are!
@@Sunshine-xk5yh "what ideologist you are" how do you even draw that conclusion? You have no clue how much i understand that country, it's a conclusion i drew on facts, knowledge, experience and logic. No one will praise the Party if they know it well enough. Hence the only conclusion is she is either paid or controlled by the Party.
A rare voice of reason on China, thank you Dr. Jin!
We r going to Shenzhen soon, then we r going to Chengdu, Chongqing, Shanghai, Hanzhou, Busan & Seoul. The best way to know about China is to see it with your own eyes.
you will have your mind BLOWN in China! Especially the cities youre going to and not even Xian or Beijing Nanjing is there!!!!
Nothing farther from the truth! That's a very open-minded point of view! As I always tell people, if you are going to believe everything reported in the main stream media, then please read the main stream media not only from the the U.S. or the West (with narratives predominately lead by the states), but also from China, Russia, & other parts of the world (read or watch the English version if one doesnt understand their local languages). The best is be there or live there for a while before you judge.
congratulation! these are lovely places to visit. especially in China.
@@xiu-li You have lived there for 20 years? Are you living in a dream? Did China arrange 1.4 billion people to perform for you?
@@xiu-li Dude, you must've never lived in America. I started getting scam phone calls and text messages a few months after I came here and got a new number. The scariest thing is the scammers call me by my real name. Every single person I know in America gets scam calls on a regular basis.
Dr. Keyu Jin is a brilliant scholar. Always glad to hear her talk
Professor Jin Keye is the daughter of Jin Lijun, current President of AIIB and China's former Vice Minister of Finance. She has the intellectual brilliance of her father.
With a Harvard PhD, a tenured Professorship at the LSE and experiences with the World Bank, IMF and China's banking regulatory authorities, she'll be the man to watch for the next generation of Chinese leadership. I'm sure she'll be the voice of rationality for not just China, but the global community. We in Singapore wish her well.
For a better understanding of the psyche of the Chinese, I suggest American and European readers also Google alternative China watchers like Professor Mahbubani, Prof Jeffrey Sachs, Prof John Mearsheimer and Mr George Yeo, the former Foreign Minister of Singapore.
Readers should also understand that Prof Jin is a Harvard graduate and teaching at the British LSE. She's an economist by training and not a politician by profession. We can expect her to excel in economics, but not to corner her to answer questions which she herself said is not her domain expertise.
Not John mearsheimer
She'll be the man to watch??? I know in America you have 72 genders, but can we agree on whether she is a woman or a man. Or has she declared herself to be a man?
Mearsheimer is an anti-China hawk. He believes that US/West is wrong to target Russia. China should be the target.
George Yeo is the former deputy FM of Singapore.
Second in line to his boss former FM Kishore Mahbubhani
I doubt she has any influence as long as Xi is in charge. These western educated Chinese princeling technocrats used to run China till Xi took over. Now they are too western in China and too Chinese in the US.
I really like her for candid positive comments.
Buy far one of the best and smartest person anywhere. Simply put brilliant
Thank you to the Chinese musicians for showcasing the beautiful Chinese instruments and music.
Excellent talk by Dr Keyu Jin- and a wonderful Q&A session.
The music is so calm and comfortable. Hopefully it reflects the situation where we are. It is so hard for China to grow strength even Chinese works so hard, and wants to live peacefully.
Of course when you are a little pink.
@@xiu-liSounds like a 1450 from Taiwan....
Dr Jin Keyu is very eloquent and spot on her analysis of US-China relations, Geo-politics and China’s economy and business.
She is doing her best to better the relationship between China and USA . Herculean efforts needed but I hopeful this 2 great nation will become buddy nation . China might need to hold her nose tbs
Dr Keyu Jin....... a brilliant scholar and human being!
so is her father. We chinese need to give thanks to our parents who lifted us up
Well said. Yep, we are here to stay, nobody going anywhere. Let’s work thing out together.
10 years living in China, wonderful time.
Europe is a museum , China a prison , Japon a nursing Home
@@geoms6263 that's what you think, I lived and worked in China and felt totally comfortable. Freer than Europe for sure
What do you do if you are about to be born and you realize that you do not have a permit? Do you stay there? Do you hide?
I guess it is very comfortable if you do not feel that your conscience is asking to do things that the state does not allow. In the last generation the West is not much better. It was amazing when at the turn in the millenium here in Canada I realized that there were things I could not say at work or at my child's school even. I thought I had arrived to the True North Strong and Free. But we will be free again.
The next 10 years of China won't be so wonderful, with its growing economic problems that include a high youth unemployment that already began.
He’s bombarding Jin with so many questions relating to geopolictics than about economics to an economist? Gosh!!
Always first SECURITY
political and ideology correctness frame 🖼 , that what makes the west stagnant and stupid. mark my words, it is laughable facts 😂
What disgusts me is - why does anyone has to answer on their nation's political or military action? Who asks I_s_r_a_e_l or US about their m_a_s_s m_u_r_d_e_r_s? Who asks US about their iron rod weilding over everyone's shoulder? Also, who's US/UK on what happen to Taiwan? By democratic ideology, it's the people therein who has the right to decide. But foreign govt.? Who are they?
The two are connected, my friend. I liked her response about how the CPC needs to loosen its restrictions on people.
@@aniksamiurrahman6365 Yeah, let's never discuss politics. Best to focus on $$ and on entertainment? Okay, my friend.
So sad to see how ignorant and brainwashed Americans are when it comes to China. But understandable given the constant fear mongering and anti China propaganda being constantly spewed on western media outlets. I hope this talk will encourage others to get outside of their echo chambers. Kudos to the speaker for handling these questions with such patience and aplomb. For other China perspectives, I encourage people to also read economist Michael Hudson and Ben Norton of Geo Political Economy Report. The music performances at the beginning were quite lovely.
Totally agree about Michael Hudson and Ben Norton - both wonderful resources on international affairs. Also, they are American experts so they can be straightforward about the rotten attitude of the U.S. government towards China. Dr Keyu Ji seemed to be walking on eggshells on U.S./China relations and maybe feels that her role needs to be more of an ambassador than analyst/critic.
Agree.
1. She mention China n Hongkong are two countries
2. She is not even direct enough to recognise that Taiwan is part of China as is recognised by majority of the countries.
Said when you are out of China U are pressured to criticise China.😅
@@GIZMO3380 she simply made a mistake about Hong Kong. She is not a politician but was asked to address all these highly sensitive questions. The pressure was too high. Similarly she talked about China (sic) being neighbor of China. What she meant was Russia.
" So sad to see how ignorant and brainwashed Americans are when it comes to China. " Not just Americans, pretty well the entire West + Japan + India
Brainwashed Americans?? Are you kidding? Under what standards are you comparing the two nations and coming up with this kind of conclusion? I am fluent in both Chinese and English and know both nations quite well. I cannot agree with this assessment. The only segment of Americans that are potentially vulnerable to brainwashing are the students studying under a progressive high school teacher or college professor.
When you have a massive project like the Belt and Road Initiative, it is inevitable that you will hit some speed bumps. Nothing ever goes perfectly.
However, overall, the BRI is a great success. Over 150 countries participate in the BRI. China is not predatory when it comes to loans. China has never seized foreign assets over debt default.
Depends on who you talk to and how you measure success. 1 trillion dollars if you ask me as a Chinese should be spend domestically on providing a safety net for the 600million in poverty.
I think the money would be better spent at home on solving the housing cost crisis.
People never admits that they need a heavy hand to keep them in track ... why do you think we have religions and laws ... freedom is just a word with no meaning if abused ... China has done remarkable trying to balance governance
It's not heavy hand. The thing is - everyone acts according to their own interest and benefit. But an average person or a small business only can has their surroundings to look at. Only a bigger entity, who has a global view can guide what's better on the long run on a larger milieu. Even then, a for-profit organization can never go beyond profit-optimization. This is here govt is needed.
"need a heavy hand" ?? So the government has to oppress dissentors?
very insightful thinking
Dr Keyu Jin is a true world ambassador.
So unlike the crazed, crude, rude, uncivilised bad behaviour of Americans the likes of Janet Yellen, Antony Blinken and that Raimondo women
狗喜欢狗，可以理解
👏💯🌹Lovely traditional Chinese instrument musicals melodies 🎶 for the introductions 👍..
Great music, insightful speech, tough questions from the audience and wise answers😊 Thank you Dr. Jin and organizer.
Massive respect 👏👍🇳🇿
What Keyu Jin is woefully neglecting is that Global South nations especially those impoverished countries now are counting on China to lift them out of poverty and assist them on economic development, after over a century of exploitation at the hands of Western imperial powers.
Has the news of "One Belt One Road" reached your remote corners of the world?
she's being diplomatic .... being the host country and all.....but you're spot on! WESTERN nations left Africa to die until CHINA decided to help with the Belt and Road infrastructure project
China has been helping Indonesia and Africa to build railways and factories at very reasonable cost or very low rate loan.
@@TheFantomRogue West helps Africa a little
In reality, Africa needs to help itself, no one will really help you unless you have something to offer them in exchange.
Great presentation Dr Jin
Both beautiful and smart. Beauty with brain. Love listening to her.
Wonderful presentation, thx Dr. Jin
"It does not matter if a cat is black or white, as long as it catches mice." - Deng Xiaoping
Kudos to her bravery to give a talk in such a time. One thing I’m not certain. People say one child policy limited the birth rate. But I think the education of woman probably had more effect on it.
The one child policy was cruel but China can't feed so many people that time. My parents generation was starved.
Education, the best birth control for women.
Both factors --- One more significant in the past and One more significant nowadays --- had added up.
@@gracetse1276 So have we been told. So have we been taught. I also believed that to be Chinese means to believe that the one child policy was crucial in avoiding the starvation of my parents’ generation. But I bet the Great Leap Forward and cultural revolution had more of a role to play in the starvation part. But to pin the population effect of all these factors is really hard.
@@agoodchow I’m not so sure that population shrinking from 1970 to 1980 was due to government policy. Because one child policy started in 1980. And after 1980, the population growth actually increased, until 1990. I don’t know how effective the one child policy really is. Although I do remember growing up in the 80/90’s (I was born in 82 and was affected by it), it’s something that was in the propaganda all the time.
Dr. Jin knows taiji so well in all her reply.
amerikkka seeks to dominate, China looks to collaborate. bullying is born of fear. Collaboration born of courage. amerikkka needs to grow.
YANKEE GO HOME
yea they are young in terms of empire, def making a lot of mistakes the Chinese made back around 1400 years ago..
What I don't understand is how the West and US are more concern of the people in China well being but not with their own country governing of their own people lives.
It goes back to the root of Christianity😅
exactly,hahaha, that's the difference between the two.
Bse Chinese are very rich man !
The classic dog in the manger mentality of the US and West European regimes.
I am not sure how much I agree with "there needs to be a lot more market and a lot less state". Being an American who has had the advantage of having lived in China for a time, the thing that keeps China safe from much of what I can only describe as the suicidal chaos of having big business own your government, is the unmitigated power of the Chinese people over the powerful business leaders who if left unrestricted would have very little issue doing exactly the same thing to China as they have done to the U.S. which has been to leave it a desolate mad max wasteland complete with roaming bands of thieves and killers.
YUP
Capitalism isn't bad but in the US that system has been hijacked by the Deepstate. I bet you never heard who they are but even the UK shortest tenured PM has spoken out because her policy was literally stabbed by the insiders without giving chances to negotiate as main party in power. . I am just speechless how deeply ignorant Americans to their own country are until someone like Trump has voluntarily stepped up and rallied head to head with this evil group. Other billionaires had laughed him out until very recently changed the tunes. It's too late
Every mouthpiece who defended Bidenomics is likely part of that group. They've been groomed for so long they cannot leave but Trump has and that's why they want to rid him
well said.
US and China are sort of two different systems. The govt power are restricted in US while unbounded in China. Business impact are more powerful in US while being pressed in China. Chinese one-party dictatorship makes its leaders look/act like dictators but they are not exactly the types of dictator as western people think. US Business leaders in US big corps have much more power than their Chinese counterparts.
She is very smart scholar, like her talk.
I'm British and have been living in Asia for the last 20 years.....ONE advice i'd give to people is: GO and visit China and other countries outside of the US, UK etc......you will be pleasantly surprised and will be ANGRY at your government and the western media for all the 'news' you're fed everyday since you were born lol .....wishing you a happy 'enlightenment'
I call B.S on your comment
@@LanNguyen-vd4zt
A jealous viet lololol.
Vietnamese should join India and form the jealous organization of China in Asia. You can get America to fund you.
@@LanNguyen-vd4zt
Vietnamese = Chinese clones
@@LanNguyen-vd4zt
Why viet so jealous? Lol
@@nightowl7261 50 cents for you
I don't understand the question about Hong Kong. Hong Kong was returned to China from the British in 1997. It is indisputably part of China. What's the issue???
Hawaii is part of the USA, which took the islands in 1893 by overthrowing the Hawaiian monarchy. Why isn't this an issue?
Hong Kong is nobody's damn business but the Chinese.
Some people care, some Americans care.
If you don't care... I respect your choice.
But that doesn't mean that Hong Kong
is not facing some problems.
I'm from Hong Kong.
Why is Hawaii not anyone's concern just because you don't care about Hawaii?
@@CyberneticOrganism01 Then you are familiar with Nury Vittachi, right? He's a prominent Hong Kong journalist who debunks Western propaganda about Hong Kong.
I'm certain Hong Kong faces some problems. What city or country in the world doesn't? But most of the stories about Hong Kong from Western media are garbage.
@@horridohobbies It's not easy to describe what's happening
in Hong Kong or in China
1) democratic protests in 2019 had been crushed by government
2) some of those protesters might have been infiltrators who wanted to sabotage the movement
3) Hong Kong as of now does NOT actually have democracy but some people continue to fight for it, including myself (though in 2019 I was among those who criticized the protests, and I thought democracy was bad for China)
4) the Chinese people are advancing and learning quickly, but they're focused on technologies and making money while their political ideology remains very backwards and barbaric ... time and resources are squandered on in-fighting... everyone is everyone's enemy... people lying through their teeth are seen as smart and successful, like this speaker 😑
5) if a country does not respect freedom of speech, those in power could make up any story they want, and many Chinese have no sense of why freedom of any form is important. Like this woman praising the current government because doing so is in her interest ... I was American-educated... I spend a lot of time trying to spread ideas of democracy and freedom in China... as a result I suffer censorship on a daily basis... this is an on-going struggle... if the balance is tipped, people like me could end up in jail or even dead... and this woman is defending the staus quo... no wonder so many comments say she is "smart" 😮💨
@@CyberneticOrganism01 I suggest you read Nury Vittachi for a better perspective.
The United Nations does not recognise Taiwan as an independent state. Neither does the United States. So in what sense is Taiwan not part of China?
By international law, Taiwan is part of China. Moreover, the entire world subscribes to the One China principle.
Now, here's a crucial question: What right does the outside world have to interfere in China's domestic matter regarding Taiwan?
Here's another crucial question: Does the outside world want to fight a devastating war with China over Taiwan? Why?
Has anyone given any thought to what war with China would be like? The world economy would collapse; all nations would suffer.
Millions of lives would be lost to years of bombing, shooting, starvation and, in the worst case, nuclear destruction. Who in their right mind wants this?
I had heard Taiwan but never new what was happening there, even today I am not concerned at all with Taiwan, I am looking for my family my problems are more important than chips in Taiwan. But if you want to shift my focus from my family, bullshiter I am telling you are wrong.
Taiwan is not part of the PRC. They want to keep their free mind.
A very honest point of view of a person that really knows his countries and the US. Shortly, in china the capital serves the interest of the state, they can't do what they want, in the very opposite of US.
hi i am new 🇧🇼 From South east Asia. 👍👍👍👍👍👍👍
39:50 for talk
Dr.Jin thanks
When geopolitics mess more with international economics, this will change the science of economics, and bring more deep study of the theory, models and practices of political intervention of international economics.
as a Chinese and one of the new generation，I want to say that she really gets the whole picture of China today，objective and precise
ha ha
She don't know Chinese
Excellent talk, as to what educated, sharp and fair.
I still need to understand more about China’s growing economy and productivity.
I suggest you visit China Trade Fairs for start .
After that, try to make some friends there which will later on provide you insights into China Manufacturers and Business People.
The rest is up to you to either accept or reject an alternative to Western MSM Propaganda.
You won't be disappointed for your 1st visit if you have never been there.
Start of from Hong Kong, then in Shenzhen, Kwongzhou, Shanghai and Beijing.
to know india’s economy n productivity is much useful than china one
China is unstoppable in every aspect of development, a country with big markets and innovations, there are no sign of communism when they speak they even look better in explaining ideas that the West. I have lived myself in communist country in YU which was the best version of communism but still was very bad ideology, this way of thinking of Chinese it doesn't look to me communist at all. To me it looks more like socialist country than a communist one.
If you would not know that are Chinese and show you for the first time and you measure their content you would think that their quality of values is much higher than the West, to me it looks more Confucianism than the Communism.
The West has no chance to compete for the moment each new day is new achievements for them especially in electronics, robotics and machines, extremely motivated for progress, the West is more like lazy society which is based on empty mixture of words rather than real values. The center of ideas has already shifted in China.
Five years from now things will be even more clear for the people of the world. Let's see what will happen.
🎯 Key Takeaways for quick navigation:
00:00🎶 Opening music performance by Chinese ensemble
- Chinese performs traditional music on instruments like Hu Lu, Chinese Flute, and Gu Zheng.
- The ensemble introduces the instruments and provides context about the musical pieces.
07:07 *🎻 Continued music performance by Chinese ensemble*
- The ensemble continues to showcase their musical talents, performing additional traditional Chinese pieces.
- The performers demonstrate the unique playing techniques and sounds of their instruments.
16:21 *🇨🇳 Introducing the speaker, Dr. Keyu Jin*
- The director of the Westminster Town Hall Forum introduces the speaker, Dr. Keyu Jin, a renowned economist and expert on China.
- Dr. Jin shares her personal story of coming to the US as a teenager and experiencing the differences between China and America.
- She explains her goal to provide a different perspective on China, beyond the emotional and sensationalized narratives.
42:55 *🔍 Common misunderstandings about China's economic model*
- Dr. Jin notes that one of the biggest misunderstandings about China is how its economic model actually works.
- She states that there are 30 million private companies in China, suggesting the economy is more complex than commonly portrayed.
- Dr. Jin aims to provide a different lens to understand China's unique economic and political system.
43:09 *🏭 China's decentralized economic model*
- China has over 30 million private companies that have emerged rapidly in recent decades, contrary to perceptions of a centralized system.
- Local government officials, like mayors, have incentives to support and help private entrepreneurs succeed, leading to rapid economic growth.
47:45 *🤝 The role of the state in China's development*
- Dr. Jin acknowledges the tensions around the state's role, but argues emerging markets often need more state capacity and coordination to spur development.
- China's high-growth, high-cost model has problems, but also lifted a billion people out of poverty, highlighting the tradeoffs.
- Despite current challenges, Dr. Jin believes China still has potential for further growth and development.
51:09 *📈 Misunderstandings about China's aspirations*
- China's main focus is on domestic challenges, not overtaking the U.S. as a global power.
- China sees the rise of other developing economies like India and Africa as opportunities, not threats.
- China is focused on upgrading its industries and moving up the global value chain, not just producing cheap goods.
55:21 *🧠 The new generation of Chinese*
- The post-1980s generation in China is vastly different from previous generations, being more open-minded, innovative, and globally connected.
- This generation is more focused on leisure, consumption, and borrowing, not just saving.
- The one-child policy has also helped close the gender gap in education and leadership.
01:04:13 *challenge China's economic model*
- The real estate crisis and broader economic slowdown in China are testing the limits of the country's development model.
- Dr. Jin acknowledges the need for China to shift towards more market-oriented reforms, with less state control.
- However, she believes China still has significant potential for further growth and development, even if the pace of expansion slows.
01:07:00 *💰 China's aspirations for internationalizing the renminbi*
- China has ambitions to internationalize its currency, the renminbi, to challenge the dominance of the U.S. dollar.
- However, Dr. Jin notes this is an extremely difficult goal, as the U.S. financial system and Treasury market are deeply entrenched.
- She suggests there may be desires in the developing world for alternative financial systems, but replacing the dollar remains a massive challenge for China.
01:08:09 *🇭🇰 The relationship between Hong Kong and mainland China*
- The fate of Hong Kong and mainland China are closely linked, as Hong Kong serves as a financial center and gateway for China.
- While there are challenges, Hong Kong residents remain optimistic about reinvigorating their economy and finding ways to coexist with the mainland.
- There are complex cultural and historical factors that shape the Hong Kong-China relationship.
01:11:06 *🌍 China's Belt and Road Initiative*
- The Belt and Road Initiative was China's vision to build global infrastructure, but it faced implementation challenges and debt concerns.
- The younger generation in China is less focused on hard power and geopolitics, and more interested in soft power and innovation.
- There are debates in China about its global role and values, just as there are in the U.S. about America's global engagement.
01:15:14 *🛍️ China's approach to intellectual property protection*
- China has historically had weak intellectual property protection, but is now working to improve its legal framework and enforcement.
- This is important not just for foreign companies, but also for fostering domestic innovation within China.
- The cultural attitudes around intellectual property are also shifting, with efforts to educate the public, especially the younger generation.
01:16:38 *🇹🇼 The complex issue of China and Taiwan*
- There are concerns and uncertainties around the China-Taiwan relationship, but Dr. Jin emphasizes the importance of dialogue and avoiding conflict.
- The majority of Taiwanese prefer the status quo, rather than independence or unification with China.
- Miscalculations and misunderstandings could escalate tensions, but there are also signs that the Chinese leadership values stability and peace in the region.
01:21:15 *🤝 The balance of state and market in China's economic model*
- China's model is not strictly communist, but rather a unique balance of state coordination and market mechanisms.
- As China develops, Dr. Jin believes it needs to move towards a greater reliance on market forces and less state intervention.
- However, the optimal balance and role of the state is an ongoing debate, both within China and internationally.
01:22:22 *🧑🎓 The changing dynamics under President Xi Jinping*
- The younger generation in China desires a freer and more open society, but they are also skeptical of the problems faced by Western democracies.
- President Xi's agenda has shifted towards greater control and a more prominent role for the state, which has raised concerns but also reflects broader global trends around equity and the relationship between politics and capital.
- Experts argue China needs to maintain a pro-growth agenda, while also addressing issues of equity and social welfare in a more balanced manner.
01:25:32 *🚘 Potential trade wars and tariffs*
- Tariffs and protectionist policies, like those proposed by U.S. presidents, would likely lead to retaliation and higher prices for consumers, without addressing the underlying economic issues.
- China would likely find ways to work around trade barriers, such as increasing investment and production in other countries.
- The interconnected nature of the global economy makes it difficult to completely decouple the U.S. and Chinese economies, despite political tensions.
01:28:01 *🧑🎓 China's demographic challenges and education system*
- China's aging population and declining birth rates are a concern, but the more urgent challenge is the skills and education mismatch in the workforce.
- China needs to focus on providing the right technical and vocational training to meet the demands of its rapidly evolving economy.
- The high cost of education, especially for urban families with only one child, has caused significant anxiety and led to government intervention in the education sector.
01:30:48 *🏫 Challenges in China's education system*
- China's education system focused heavily on standardized testing, which has limitations but also provided opportunities for social mobility.
- Reforming the education system is a challenge as China seeks to become more innovative, but a one-size-fits-all American model may not work for China's scale.
- The education system and its pressures have contributed to anxiety among the younger generation in China.
01:31:43 *🤖 Concerns over Chinese tech companies and data*
- Data privacy and national security concerns have led to debates around Chinese tech companies like TikTok operating in the US.
- However, Dr. Jin cautions against overly broad restrictions, noting the need to balance national security with upholding free market principles.
- She suggests a more targeted, narrow approach to addressing specific data and security concerns rather than sweeping bans.
01:33:33 *🌐 Maintaining open communication and collaboration*
- Dr. Jin emphasizes the importance of keeping communication channels open between people, businesses, and leadership in the US and China.
- She highlights areas like student exchanges, scientific collaboration, and small victories in cooperation (e.g. on fentanyl) as ways to build trust over time.
Made with HARPA AI
I'm from Taiwan and like Dr. Jin I've also spent some significant time living in America. I can honestly say I love both America and China. It is refreshing to see positive coverage of China. It would be amazing to see more bridge-building between these two superpowers. I truly believe good things can come from these two superpowers working together instead of fighting each other every step of the way. Everyone on this planet will be greatly benefited if the west and the east can work together.
When you immerse yourself in a pool of amicable international intellectuals, you would start to think that there's hope for peace and love after all.
And then you unimmerse yourself and see those inept US politicians again, get reminded, and say to yourself "oh fudge".
I have to find her book's cliff note. She peaks my brain. In my next life, I will get in Harvard & date a girl like her :(). Man, she is insightful & thought-provoking. Peace & conflict have to co-exist, at the same time, & at least until we have a mature balance with predictable paths.
The host was not even sure about his country's stance on Taiwan. Utterly shameful. Go study Nixon, Jimmy Carter and the UN and more than 100+ countries' position on Taiwan, which is Taiwan is part of China!!! A very biased host to say the least. Dr. Jin was being very diplomatic to this skewed host.
But I'm sure you'll agree that he's much better than CNN's, BBC's, MSNBC and Fox hosts?
I did a quick-and-dirty, back-of-the-envelope calculation comparing GDP growth between China and India...
Optimistically, assume 7% GDP growth for India over the next 50 years. Assume 4% GDP growth for China over the same period.
India: 1.07^50 = 29.5
China: 1.04^50 * 4.7 = 33.4 [China's GDP is 4.7X larger than India's.]
So, after 50 years, India still can't catch up with China.
The human collective needs to work on a totally different path to the one we're on at present. For far too long we have used money as a form of encouragement, as from our consumer economy, we're polluting our only home and depleting our finite resources.
We now process the technology to allow enough food and housing for every person on this planet, what we lack is consciousness and will to make this change which is not at all impossible. Instead of promoting wealth for the individual where greed is considered the norm, we should be aiming to share our resources for the greater good of humanity.
We are infinite souls experiencing separation in a human vessel, we come with nothing and to leave with nothing except our 'experience'.
The ethical way to think about China, Taiwan, and the rest of the world is that Taiwan is legally a part of China and it will remain that way. That is a fact, it will not be changing. Denial is not a river in Egypt. I mean if the U.S. wants an Island in Southeast Asia, it already has the Philippines and in over 100 years, it has not improved under its expert guidance.
I take it a different route. It's for the people of Taiwan to decide. And foreign govt. interfaring in that is serious violation of democracy and sovereignty.
@@aniksamiurrahman6365 Taiwan is China already. The foreign government in this situation is the United States. It is no more Taiwan's decision than it would be New York's decision to secede from the United States. If the Confederate government had fled to St. Simons Island, that would not make it a different country.
I wish the politicians and leaders of America are as smart as Dr. Keyu Jin.
Beautiful Chinese instrumental renditions of various tones of Chinese music with Chinese instruments.
Maybe the west needs to start learning from China instead of seeing its massive productivity as a threat to western commerce and employment. Working with China and adopting better highly productive manufacturing in the west to produce more and more competitive goods that everyone would want to purchase and so compete with the value goods coming out of China today. MAY FOOD AND OUR EVERYDAY HOUSEHOLD APPLIANCES BECOME MORE AND MORE AFFORDABLE. That is what this consumer world requires.
She mentioned about the help from mainland China to Hong Kong in 2003 after SARS. As a mid-age Hong Kong people, I can remember that clearly. However, many young Hong Kong people do not know or cannot remember that. They only see the shortcomings of some some tourists from mainland China, blaming mainland money pushing prices up.
Communication with an open heart and mind can solve the many problems we ALL are facing everyday . The problem is when one comes in that premiss but the other has a hidden agenda behind and LOADS of PRIDE.
The low income in this U.S.A. depended on Dollar Tree stores for almost everything nowadays these stores shelves are empty. A 1000 of these stores will be closed very soon. That is going to be a big PUNCH on the face.
China cannot let capital control the state. State has to stay strong.
China's position is the same as that in the UN, ie 1 China. Taiwan can do anything it wants, as long as it is 1 China
The presentation is starting at 39:54
to those who are just here for that :)
thnx
I read a research paper claiming that the size of government in GDP for both China and USA is about 37 percent. So why do we think that China is less market oriented than USA? True the narratives are different. The ruling class in China talks about socialism, while the one in USA talks about markets. But in reality not much difference. The difference between the two countries is political than economic. But even politically they are not that different. Both are ruled by their respective elite. However the ways the elites are organized are different.
And USA grows its GDP by making their services very expensive ,thus making Their GDP very big
Jin comes from a Chinese CCP elite family and represents the new generation of CCP elite group, who embraces the regime wholeheartedly. She is commissioned to ‘sell’ new storylines and to influence western societies about China.
Thank you, Dr Jin for introducing this important concepts to the west. Great work!
Though she may be well studied in economics, based on pren2020 data or so. However, she is already behind the times in terms of evolution of China, where it's evolving on a monthly basis politically, economically, and socially.
right.
Check out her dad identity first before saying that....
@snnytn Why? You know she's in regular communication with her Dad, or her Dad is regular communication with the standing committee.
You are implying she is slow . LOL
@@johnli6782 SO YOU KNOW LOL
Dr Keyu Jin started at 39:50.
thnx
Dr. Keyu Jin is pretty and highly intelligent. She spoke so eloquently and so well.
Chinese are clever people
not really u know. actually it is my superpower indian. u know my race indian is very smart. the west ancestry trace us to arian super race
I give you credit for being sarcastic without sounding sarcastic.
@@fannyalbi9040
@@fannyalbi9040 LOL, you mean the same Aryan super race that was colonized by the British for centuries?
I enjoy this talks very much esp the perspective from prof Jin. She's brilliant
I cannot find the words to describe the astoundingly beautiful sounds that have on my body and soul.
Amazing Dr Jin, great style in your delivery, we need more of this!!
I agree with Keyu and thinking a truly independent judicial system is needed for a just and fair China.
Exquisite pipa playing, sounds like large and small pearls falling onto a jade plate.❤
When she started to talk about China based on economic research, I know she is going to talk about China in a economic/richness perspective. It is as if understanding China is to understand HOW MUCH MONEY CHINA HAS MADE. It is a results of the indoctrination of the current generation of the young people by CP. Nothing to do with culture. As a member of the elite class as the daughter of a vice minister of the CCP government in the protected and highly privileged circle until age 14, she does not know China at all. Shameful propaganda (maybe unwittingly). Western education only gives her the language and skills for more polished propaganda, a disservice to ordinary Chinese. The West adopted her and accepted her, can China do the same for a Westerner in China's elite universities, and allow or welcome that westerner criticizing China in China?
The Facebook page of Westminster Townhall Form says, "Since 1980, The Westminster Town Hall Forum engages the public in reflection and dialogue on the critical issues of our day from an ethical perspective". I admire Dr Keyu Jin greatly for her ability to speak so eloquently and also her very understanding of China. I have one big disappointment in regard to her speech - a missing critism of USA's containment of China. This containment or as many have put it, the US attempt to destroy China's economic growth, is a monumental ethical issue and should have been pointed by Dr Jin. It doesn't matter whether it's China or India or any other country, to stop or reverse the economic growth of a country and therefore potentially bring back poverty to the people of that country is unethical and immoral. In fact, I would define it as an act against humanity.
One word... Eloquent....
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
Keyu Jin’s presentation (39:48 to 1:36:45) is a must watch.
This is real given from heaven, the combination of genius and beauty....only comes from heaven
State media in China have amazing journalists on CGTN The Point-Hub-Heat. Documentaries Terracotta Warriors-Spring Festival-Tibet.. Just amazing. Reporterfy Media
Amazing play
people in UK/US needs to visit Asia to see what development means... Im a brit living in CN and ihave to say we are wrong to be confrontational. better work together work together for a better world !
Hi Keyu ❤️🇺🇲🇨🇳🦾😇🌹
YUP YUP YUP
Xi Jinping must be a great guy, when he is saying, let the younger generation figure it out. Wish i had the chance to talk to him. I wish our leaders would give us the chance to get creative. But here it's just narcissism and this hurts.
She is pretty for an economist
Dr. Jin , please note that Hong Kong is not a country. It is a special economic region and part of China.
As Yanis Varoufakis wrote in one of his books on basic economics, it's impossible to remove politics from economics. Quite understandable why so many of the questions directed at Dr. Jin were about geopolitics.
She is truly someone who aims to bridge culture divides rather the incessant fear mongering hype.
Im really surprised by the speech of this woman, a rare english spoken Chinese who speak like a Chinese and has a clear understanding of the Communist, in a good way.
Her English is VERY GOOD
She's so polite!
Keyu Jin (China, helping the West in understanding economy), 39:50
51:48 China keeps its own house in order (hi J.Peterson;). The US do the opposite :(
1:01:05 Qns start
wow! she described the current economic situation in China as a recession!
Hi Dr Keyu❤️🇨🇳🇺🇲🙏😇🌹
Beauty with brains❤
Impressive work to the organizers.
Gallup defines a Talent as a noticeable pattern of thought, feeling and behavior that can be productively applied!
She's wrong about one thing 48:00 Most western capitalistic economies rely heavily on governments in terms of contracts and subsidies and bents on the rules and regulations. It's called corporate welfare and most wouldn''t survive without that.
I really like it when she says
“This is America , not China.😏😏😒”.
Westerner loves to use they own background to judge others…. It’s getting too old now. 🙂↔️🙂↔️🙂↔️
Keyin Jin very good ideology talk speedy response. Very respectable
China has largely transitioned to state-capitalism, where the capital is held primarily by entities associated with the ruling party, which can best be described as holding an ultra-authoritarian and ethnonationalist ideology. The best historical approximation for this setup is called "fascism", China satisfies almost all of Umberto Eco's criteria for Ur-fascism.
There is nothing new under the sun and China has certainly not gone "beyond" anything.
Interesting how Americans keep talking about Chia, but China keeps talking about trade and commerce.