#15- Professor Keyu Jin : The New China Playbook: Myths, Realities, and the Road Ahead

Professor Keyu Jin is an Associate Professor of Economics at the London School of Economics. She specialises in international macroeconomics and the Chinese economy. Her research focuses on global trade imbalances, asset prices and China's economic growth model. She is the author of the best-selling book, The New China Playbook. In this episode, we examine the country's rise as an industrial powerhouse, the balance between state and market forces, and the innovative "Mayor Economy" model. Along the way, we discuss whether China's financial markets can ever catch up globally, how the tech crackdown impacts innovation, and what household spending on education reveals about its cultural priorities. We also dive into bigger questions: what would a mature Chinese economy look like? Can China become a truly innovative powerhouse? And how might US-China trade tensions shape the global order? Timestamps: 00:34 China's Economic Success 01:26 Why The New China Playbook 07:14 China As An Industrial Power 15:16 Is The Chinese Economy Excessively State-Heavy? 18:58 The Mayor Economy 24:50 Imagining A Mature Chinese Economy 28:33 Why Chinese Financial Markets Are Poor 33:13 China's Tech Crackdown 39:49 Household Spending on Education 45:59 Can China Be More Innovative? 48:27 US-China Trade Tensions 52:55 Advice For Young Professionals