#477 – Keyu Jin: China’s Economy, Tariffs, Trade, Trump, Communism & Capitalism
Lex Fridman Podcast
Lex Fridman
4.7 • 13K Ratings
🗓️ 13 August 2025
⏱️ 117 minutes
🧾️ Download transcript
Summary
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Transcript:
https://lexfridman.com/keyu-jin-transcript
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Keyu's Website: https://keyujin.com/
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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
(1:16:56) - Tariffs and Trade
(1:29:21) - Immigration
(1:34:08) - Taiwan
(1:39:54) - One-child policy
(1:47:51) - China's economy collapse predictions
(1:52:34) - Advice for visiting China
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Transcript
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| 0:00.0 | The following is a conversation with K. Yu Jin, an economist at the London School of Economics |
| 0:05.5 | specializing in China's economy, international macroeconomics, global trade imbalances, and financial |
| 0:12.2 | policy. She wrote the highly lauded book on China titled The New China Playbook, Beyond Socialism |
| 0:20.8 | and Capitalism, that details China's economic |
| 0:24.2 | transformation since 1978 to today. And it dispels a lot of misconceptions about China's economy |
| 0:32.5 | that people in the West have. And now a quick few second mention of each sponsor. |
| 0:38.6 | Check them out in the description or at Lexfreedman.com slash sponsors. |
| 0:43.4 | It's the best way to support this podcast. |
| 0:45.9 | We got a Leo capital for investment, uplift desk for amazing and functional desks. |
| 0:53.4 | Hampton for connecting with founders, Lindy for AI agents, and functional desks. Hampton for connecting with founders, |
| 0:55.8 | Lindy for AI agents and Elmint for delicious electrolytes. |
| 1:01.2 | Choose wise and my friends. |
| 1:03.2 | And now onto the full ad reads. |
| 1:05.2 | They are all here in one place. |
| 1:07.0 | I do really try to make them interesting, |
| 1:08.8 | but if you skip, |
| 1:09.7 | please still check out the sponsors. |
| 1:11.5 | I enjoy their stuff. |
| 1:12.6 | Maybe you will too. |
| 1:14.1 | To get in touch with me, for whatever reason, go to Lexfremant.com slash contact. |
| 1:18.8 | All right, let's go. |
| 1:20.7 | This episode is brought to you by Alio Capital, an investment app designed by people |
... |
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