This week on Sinica, Kaiser is joined by Keyu Jin, associate professor of economics at LSE, who talks about her new book, The New China Playbook: Beyond Socialism and Capitalism, a wide-ranging, ambitious, and accessible book that explains the unique Chinese political economy, emphasizing both its successes to date and how it must change to meet the challenges to come. 01:01 – An overview of the book The New China Playbook: Beyond Socialism and Capitalism by Keyu Jin 09:22 – Is the criticism about being pro-China justified? 14:25 – The element of culture in the Chinese economy 27:56 – What is the mayor economy and what are its pros and cons? 38:00 – The power of the Chinese state to affect changes in the macroeconomy 42:52 – The modern state-owned enterprise and its purpose 47:39 – China’s financial system – the disparity between China’s GDP growth and its abyssmal stock market 52:07 – The current situation with the real estate market: Is the bubble going to pop? 1:02:03 – Pros and cons of the growth of the shadow banking sector in China 1:06:32 – The position of China in the global trading system 1:13:52 – How does China respond to technology restrictions in key areas such as semiconductor manufacturing? A complete transcript of this podcast is available at TheChinaProject.com. Recommendations: Keyu: When the Facts Change: Essays, 1995-2010 by Tony Judt Kaiser: 1776 (Musical) Mentioned: The New China Playbook: Beyond Socialism and Capitalism by Keyu Jin See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.