It was more cost-effective for China to purchase reliable Western chips, benefiting both sides. China spends more on chip imports than on oil. The US sanctions forced China to develop its domestic supply chain. When self-sufficient, China can provide the world with more affordable chips. The US and its allies are developing their own supply chain, it cannot be competitive without access to a large market. The US is sparing no effort in its Tonya Harding competition strategy. The Chinese are very grateful to the US for pushing them towards self-sufficiency. Thanks to the US, China now has its own GPS system and space program. More sanctions, please. The Chinese are very thankful to the West and the Japanese for their valuable lessons. Without these lessons, China will still be poor and ruled by warlords. Keep those lessons coming.
When talking about problems in the Chinese economy and their possible solutions, I think it's necessary to consider the international environment as well. A lot of the topics discussed here, like overcapacity and deflation, are to a large extent the consequences of what is happening overseas. The disruption of trade with the US and Europe, started with Covid but continuing with increasingly protectionist policies in the West, is the cause of the mismatch of production and demand in China. One possible solution is to boost domestic consumption through stimulus, but another is to develop new and underserved export markets. China is a major force in the world economy, and the biggest trading partner of many countries around the world. The effects of China's economic policies do not stop at China's borders, and the solutions to any economic problems may also lie outside of China's borders.
In my humble opinion, the key issue is employment + food stability. History will tell us once these 2 issues are resolved, social issues will be lessen. A broad based investment in water supply works infrastructure will be good plus investment in ways of increasing productivity without loss of too much jobs. Sectors such as medicine is much needed. Whether the west may sanction china or not, their population will need much cheaper medicine
I think China could go with the traditional way of manufacturing, increasing the boost of local products. In the same way, High Tech products and Tech services should go further. Let it go naturally while shifting to tech service outreaching the potential and employee empowerment.
I'm here purely for China's economic forecast. I have not paid any attention whatsoever on this this this........ painfully beautiful northern chinese lady Professor. Really!!
How about encouraging young people to study medicine and building more hospitals to improve healthcare service? That could solve the high graduate unemployment problem, demand issue and stimulating the economy?
fun fact: america has never won a war they started. ever. since ww2 (which russia pretty much played the biggest role in defeating the axis) they have also only fought inferior, poorly armed troops...never a comparable force...until ukraine (in which russia is giving the entire 'collective west' a fat hiding). 👊🏽
actually usa won in panama and grenada. but these 2 are tiny countries, panama has about 4.5 million people and grenada has less than 120,000 people. so usa can beat up the babies.🤣🤣 love from canada.
Last year, 70% of China's newborns were in the countryside. 3 out of 4 of them won't graduate high school at current rates. Add the CCP's addiction to waste massive amounts of money in subsidizing over production. And it's hard to see China having a stable growing economy.
less imports to china will fix deflation because of reduced competition. deflation is also good from the credit perspective. china is able to reduce interest rates and boost investments. in the west, they have inflation, decreased competition from china (higher prices). they must have high interest rates which curtail growth. who planned all this? did someone make a system dynamics simulation software?
Prof Jin is a recording machine for CCP. Her arguments are marginal and totally biased. It would be great if she gets on a debate with Prof Min from Claremont McKenna. One simple question is if she feels China is so great and doing so well why is she not staying in China instead? She can make a lot more money telling the little pink how great China is. Except you can’t even open the capital account for free flow of capital. As an economist you are a special kind not Keynesian perhaps called Chinese style economist. No fact just statements and can’t stand test of time. In the west you are not economist but politician.
Professor Jin is brilliant. Simply brilliant.
I love hearing from Jin Keyu. Very knowledgeable and well-spoken. Thank you.
Ms Jin Keyu, it's been a minute, as competent as she's is pretty 😍.
Keep up the good work.
Jin Keyu is the best ! We love Keyu who stands up against western bullies in media !
so true... chinese industrial subsidies actually also benefit overseas consumers through cheaper prices... nothing wrong with that
Great program and great interview with Ms Jin
To be honest, my view & reasoning about the current status & innovation of Chinese companies & economy is 100% validated by Professor Jin Keyu. 👍
TEAM CHINA NOW AND FOREVER ALL THE WAY!👍🙏🙂🐲🐉🐼🌏
It was more cost-effective for China to purchase reliable Western chips, benefiting both sides. China spends more on chip imports than on oil. The US sanctions forced China to develop its domestic supply chain. When self-sufficient, China can provide the world with more affordable chips.
The US and its allies are developing their own supply chain, it cannot be competitive without access to a large market. The US is sparing no effort in its Tonya Harding competition strategy. The Chinese are very grateful to the US for pushing them towards self-sufficiency. Thanks to the US, China now has its own GPS system and space program. More sanctions, please.
The Chinese are very thankful to the West and the Japanese for their valuable lessons. Without these lessons, China will still be poor and ruled by warlords. Keep those lessons coming.
At the end the United States will be the one that prevails.
I can't figure out whether Keyu is prettier or smarter❤
Prof Jin is as always my favorite brilliant speaker.
When talking about problems in the Chinese economy and their possible solutions, I think it's necessary to consider the international environment as well. A lot of the topics discussed here, like overcapacity and deflation, are to a large extent the consequences of what is happening overseas. The disruption of trade with the US and Europe, started with Covid but continuing with increasingly protectionist policies in the West, is the cause of the mismatch of production and demand in China. One possible solution is to boost domestic consumption through stimulus, but another is to develop new and underserved export markets. China is a major force in the world economy, and the biggest trading partner of many countries around the world. The effects of China's economic policies do not stop at China's borders, and the solutions to any economic problems may also lie outside of China's borders.
love you jin keyu ❤❤❤
Love her book❤
Prof Jin understand the Chinese mentality and condition
It's over.
@@TacticalMayoIt is actually kaput for us west. Bye bye.
@@TacticalMayo😂 You LOST! 😂 Get over it troll. Your just a blip in history
❤❤❤ "" REVULUTION NOW "" ❤❤❤
Fascinating conversation. Great to hear from the China perspective.
Finally, Jin showed up here
Keyu我们华人的骄傲
In my humble opinion, the key issue is employment + food stability. History will tell us once these 2 issues are resolved, social issues will be lessen. A broad based investment in water supply works infrastructure will be good plus investment in ways of increasing productivity without loss of too much jobs. Sectors such as medicine is much needed. Whether the west may sanction china or not, their population will need much cheaper medicine
Good conversations.
Great speaker. China should have more wage growth, more targeted stimulus and privatization, for security and stability sake.
While some are actively warmongering, China is constructive and seek cooperation for a win win proposition
I think China could go with the traditional way of manufacturing, increasing the boost of local products. In the same way, High Tech products and Tech services should go further. Let it go naturally while shifting to tech service outreaching the potential and employee empowerment.
I'm here purely for China's economic forecast. I have not paid any attention whatsoever on this this this........ painfully beautiful northern chinese lady Professor. Really!!
In coming 10 years young populations growth will be the main issue for china
China should not underestimate this issue like Japan South Korea
How about encouraging young people to study medicine and building more hospitals to improve healthcare service? That could solve the high graduate unemployment problem, demand issue and stimulating the economy?
Come on guys, failure of aggregate demand is a perennial problem where capitalism is present. Where should cash be injected ?
She's so beautiful
More wage growth and more targeted stimulation and privatization.
while others are fighting china is moving forward
all pipelines lead to china
Keyu keyi..
We should make sure that our stimulus package will not benefit other countries since they are all trying to hold back our development.
✌✌✌
Think people that complain about the switching have a grasp of concepts of infinity compacter 🤔❤
i am surprised how they managed to think in long term perspective.
The reason, I think, is that they don't plan in 2- or 4-year election cycles with a lot of bickering like some countries do.
Free world is a value tinged terminology, as Bertrand Russell once put it, not free, with this latest issue of world trade.
What u guys doing in TH-cam !! God bless u if She knows
fun fact: america has never won a war they started. ever. since ww2 (which russia pretty much played the biggest role in defeating the axis) they have also only fought inferior, poorly armed troops...never a comparable force...until ukraine (in which russia is giving the entire 'collective west' a fat hiding). 👊🏽
actually usa won in panama and grenada. but these 2 are tiny countries, panama has about 4.5 million people and grenada has less than 120,000 people. so usa can beat up the babies.🤣🤣 love from canada.
❤❤
Last year, 70% of China's newborns were in the countryside. 3 out of 4 of them won't graduate high school at current rates. Add the CCP's addiction to waste massive amounts of money in subsidizing over production. And it's hard to see China having a stable growing economy.
less imports to china will fix deflation because of reduced competition. deflation is also good from the credit perspective. china is able to reduce interest rates and boost investments. in the west, they have inflation, decreased competition from china (higher prices). they must have high interest rates which curtail growth. who planned all this? did someone make a system dynamics simulation software?
6:20
She's a kid? Congrats, I guess.
Baby is 1 year old.
Prof Jin is a recording machine for CCP. Her arguments are marginal and totally biased. It would be great if she gets on a debate with Prof Min from Claremont McKenna. One simple question is if she feels China is so great and doing so well why is she not staying in China instead? She can make a lot more money telling the little pink how great China is. Except you can’t even open the capital account for free flow of capital. As an economist you are a special kind not Keynesian perhaps called Chinese style economist. No fact just statements and can’t stand test of time. In the west you are not economist but politician.
And what are you?
disappointing, what a cop-out
Little pinks.