In a thought-provoking conversation, Martin Wolf engages with Keyu Jin, a prominent Chinese economist, regarding the state of China’s economic landscape post-pandemic. After enjoying years of rapid growth, the country now grapples with significant challenges like a collapsing property market, soaring youth unemployment, and escalating trade tensions with the US.
Jin, who has experienced both American and British economies during her career and teaches at prestigious universities, believes that Western perceptions of China are often flawed. The discourse raises critical questions about whether China’s economic engine has indeed stalled or if it still possesses the capacity for revival amid adversity.
The podcast offers insights into the complexities surrounding China’s current economic situation, highlighting the nuanced perspectives of an insider, Jin, as she sheds light on these pressing issues in a global context. With leadership that spans multiple continents, her experience provides a unique lens through which to analyse these developments, making for an enlightening listen.
This article summarises a podcast dialogue where Martin Wolf speaks with economist Keyu Jin about the challenges faced by China’s economy following years of strong growth. Key issues discussed include the property market crash, youth unemployment, and US trade tensions, all posing questions about China’s economic future and Western misconceptions.
In conclusion, the exchange between Martin Wolf and Keyu Jin illuminates the precarious position of China’s economy in a post-pandemic world. With growth plummeting, compounded by deep-rooted challenges, the question looms large: has China truly run out of gas? This discussion invites deeper reflection on the perceptions of China and its potential resilience despite formidable hurdles.
Original Source: www.ft.com
