In China, an interventionist state is rooted in , a hallmark... since Confucian times... intervention by a senior... is justified if it benefits a ju… - Keyu Jin

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In China, an interventionist state is rooted in , a hallmark... since Confucian times... intervention by a senior... is justified if it benefits a junior... This helps explain the... government... [urge] to steer the economy rather than just... markets... [a]nd... provides a rationale... to liberalize slowly... avoiding... risks, in contrast to... former Soviet bloc economies.

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About Keyu Jin

(Chinese: 金刻羽; born 13 November 1982) is a Chinese economist. She is a Harvard-educated economist serving as associate professor of economics at the . She is one of the 's , specialising in international macroeconomics and the Chinese economy. Her research focuses on global trade imbalances, global asset prices and China's economic growth model. She is the author of The New China Playbook: Beyond Socialism and Capitalism (2023).

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Alternative Names: Jin Keyu
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Additional quotes by Keyu Jin

There is a growing consciousness... what is economically efficient may not be socially desirable... economic success does not... guarantee a nation’s... ... China will strive to move beyond socialism['s] shortages and capitalism['s] inequality.

Collaborative competition is the way we should define the relationship. ...U.S. and Japan had similar... economic... technology competition, and... everybody was better off because Japan pushed the U.S. to do much more. Lots of these... important innovation pushes were because of Japanese competition.

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[F]or those who think that China’s all-powerful political party and numerous s (SOEs) point to a state-dominated economy, consider... [T]he ... accounts for... 60 percent of national output, 70 percent of the nation’s wealth, and 80 percent of urban employment. Thirty years ago, it was the other way around.

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