#477 – Keyu Jin: China’s Economy, Tariffs, Trade, Trump, Communism & Capitalism

Keyu Jin is an economist specializing in China’s economy, international macroeconomics, global trade imbalances, and financial policy. She is the author of The New China Playbook: Beyond Socialism and Capitalism. Thank you for listening ❤ Check out our sponsors: https://lexfridman.com/sponsors/ep477-sc See below for timestamps, transcript, and to give feedback, submit questions, contact Lex, etc. Transcript: https://lexfridman.com/keyu-jin-transcript CONTACT LEX: Feedback – give feedback to Lex: https://lexfridman.com/survey AMA – submit questions, videos or call-in: https://lexfridman.com/ama Hiring – join our team: https://lexfridman.com/hiring Other – other ways to get in touch: https://lexfridman.com/contact EPISODE LINKS: Keyu’s X: https://x.com/KeyuJin Keyu’s Website: https://keyujin.com/ The New China Playbook (Book): https://amzn.to/4lpgmyK SPONSORS: To support this podcast, check out our sponsors & get discounts: Allio Capital: AI-powered investment app that uses global macroeconomic trends. Go to https://alliocapital.com/ UPLIFT Desk: Standing desks and office ergonomics. Go to https://upliftdesk.com/lex Hampton: Community for high-growth founders and CEOs. Go to https://joinhampton.com/lex Lindy: No-code AI agent builder. Go to https://go.lindy.ai/lex LMNT: Zero-sugar electrolyte drink mix. Go to https://drinkLMNT.com/lex OUTLINE: (00:00) – Introduction (00:35) – Sponsors, Comments, and Reflections (08:26) – Misconceptions about China (12:57) – Education in China (22:14) – Economic reforms of Deng Xiaoping (27:33) – Mayor economy and GDP growth race (41:20) – Growing up in China (46:58) – First time in the US (51:12) – China’s government vs business sector (54:46) – Communism and capitalism (58:25) – Jack Ma (1:04:37) – China’s view on innovation and copying ideas (1:11:15) – DeepSeek moment (1:15:09) – CHIPS Act (1