China... wants to embrace... trade integration... globalization and more trade and... the pressure is on for more reciprocal... trade protectionist p… - Keyu Jin
" "China... wants to embrace... trade integration... globalization and more trade and... the pressure is on for more reciprocal... trade protectionist pressures, but... China's also trying to shift its trade... production away from these lower end manufacturing sectors, excess capacity in solar, but that is not necessarily a good signal for the kind of trade tensions that might come about. Also because there's going to be a lot of domestic pressure coming from the Chinese businesses, and the Chinese people to pressure the government to react. So they [the Chinese government] will have to take a stance.
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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
[Y]oung people are big spenders, prodigious borrowers... the potential to unleash trillions... into the global economy... [t]hey are... more open-minded and socially conscious... However, ...less suited to Western-style democracy ...[D]eeply layered in the national psyche ...steeped in their ...culture ...traditions, and rooted in their ...communities ...ushering in an era of economic... without political liberalization...
[T]here's one fundamental misunderstanding about the Chinese from the American side... that China's sole goal is to try to overtake the U.S. That is not the Chinese aspiration. The Chinese people, with a billion people still trying to have a better life... It's overwhelmingly pragmatic. Chinese people... still think about getting an apartment in the cities and sending their kids to school... [T]hat is the ultimate source of legitimacy, also, for the party. When we talk about war and all that, it's about peace and stability, which is the best conditions to make that happen.
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