The New China Playbook
Beyond Socialism & Capitalism
"The biggest geo-political change of the 21st century will be the end of exclusive Western political and economic dominance. The rise of China is at the core of this change and Keyu Jin is a brilliant thinker to take us through its implications from the perspective of someone who understands both China and the West. It is this combination of insider and outsider insight which makes The New China Playbook essential reading." –Tony Blair, former Prime Minster of The United Kingdom
A revelatory, myth-dispelling exploration of China’s juggernaut economy
Although China’s economy is one of the largest in the world, Western understanding is often based on dated assumptions and incomplete information.
In The New China Playbook, Keyu Jin burrows deep into the mechanisms of a unique system, taking a nuanced, clear-eyed, and data-based look inside. From the far-reaching and unexpected consequences of China’s one-child policy to the government’s complex relationship with entrepreneurs, from its boisterous financial system to its latest bout of techno-nationalism, Jin reveals the frequently misunderstood dynamics at play. China is entering a new era, soon to be shaped by a radically different younger generation.
As it strives to move beyond the confines of conventional socialism stained by shortages and capitalism’s own roadblocks of inequality, the world is about to see ultimate contest between two diametrically different systems. The thorough understanding of China’s playbook that Jin provides will be essential for anyone hoping to interpret the nation’s future economic and political strategy.
While China’s rise on the world stage has stirred a wide range of emotions, one thing is certain: a deep understanding is essential for successfully navigating the global economy in the 21st century.
PRAISE for CHina the New Playbook
"China is running on a new playbook for innovation and technology. As a bicultural economics expert, Professor Keyu Jin understands this playbook, and demystifies it for the global audience. This book is an invaluable lens to understand the modern anatomy of China." —Kai-Fu Lee, Chairman & CEO, Sinovation Ventures and New York Times bestselling author of AI Superpowers
“During the 20 years of my Presidency, through the many meetings with Xi Jinping and other Chinese leaders, I tried to understand China. Now Keyu Jin provides a brilliant guidebook, a must read for everyone in business and politics engaged in the global economy.” —Olafur Ragnar Grimsson, former President of Iceland and Chair of the Artic Circle
"A revelatory exposition of China's juggernaut economy and the rise of its entrepreneurs. Keyu Jin provides the roadmap to understanding the Chinese economy and places it within a global context. This is a must-read for anyone doing business in or with China today.” —William Ding, founder and chairman of NetEase
"The most important book on China in many years, written with stunning eloquence and clarity. Jin does not cover the warts, but insists on a holistic view. Anyone who want to understand China, and how to engage with it economically and politically, will greatly benefit from this deeply original book." —Kenneth Rogoff, Maurits C. Boas Chair of International Economics, Harvard University
“Much has been written about China, but it is rare to read an author such as Keyu Jin, who can so naturally and seamlessly blend two perspectives. If you are interested in a true conversation, this is the book worth reading.” —Charles Li, former Chief Executive of the Hong Kong Stock Exchange
About the Author
Keyu Jin is a professor of economics at the London School of Economics and Political Science. She is an Academic Member of China Finance 40, has worked with the World Bank, the IMF, and the China Banking Regulatory Commission, and is a non-executive board member of the luxury conglomerate Richemont and the global bank Credit Suisse.
Photo © Chen Man