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“The New China Playbook: Beyond Socialism and Capitalism” by Keyu Jin
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“The New China Playbook: Beyond Socialism and Capitalism” by Keyu Jin

Despite a reputation for abstruse thought, the French intellectual Michel Foucault once explained his research in a straightforward manner: “I set out from a problem expressed in the terms current today and I try to work out its genealogy. Genealogy means that I begin my analysis from a question posed in the present.” Keyu Jin took that approach to heart in The New China Playbook, a work that explains China’s present by tracing its economic genealogy since 1978.

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China’s Economy Is Leaving Behind Its Educated Young People
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China’s Economy Is Leaving Behind Its Educated Young People

(Adapted essay from ‘The New China Playbook’).

Early this year, two striking statistics emerged from China: The country’s annual economic growth had slowed to just 3%, a low only seen twice in nearly 40 years, and its population had fallen for the first time since 1961. The two figures illuminate serious long-term challenges for Beijing, but a less-noticed statistic spotlights a more dramatic and immediate problem: China is failing to adequately employ its youngest, best-educated generation of workers.

From The Wall Street Journal

PHOTO: JADE GAO/AFP/GETTY IMAGES

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Can the U.S. See the Truth About China?
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Can the U.S. See the Truth About China?

Just like relationships between people, relationships between countries can all too easily be built on a foundation of unintentional misunderstandings, faulty assumptions and predigested truths. In her forthcoming, at times provocative and disquieting book, “The New China Playbook,Keyu Jin, a professor at the London School of Economics and a board member at Credit Suisse, is trying to rework the foundation of what she sees as the West’s deeply flawed understanding of China’s economy, its economic ambitions and its attitude toward global competition.

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America Is Fueling Chinese Techno-Nationalism

The US campaign to limit Chinese firms' access to critical technologies has backfired. China has responded by pursuing its goal of bolstering its technological capabilities with an intensity unseen since Mao Zedong committed to developing nuclear weapons six decades ago.

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China Bets on Common Prosperity

In 2021, China embarked in a new direction with sweeping regulatory and enforcement measures to combat monopolization, protect data security, and ensure greater social equality. Though significant risks lie ahead, the country's economy nonetheless is coming of age.

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