Bonus Interview: Are China’s Leaders Are Smarter Than the West’s?
Novara Live
Novara Media
4.8 • 577 Ratings
🗓️ 19 May 2026
⏱️ 67 minutes
🧾️ Download transcript
Summary
Michael Walker speaks to Jostein Hauge about the rise of China as an economic superpower.
Transcript
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| 0:00.0 | In 1981, around 88% of China's population live in extreme poverty, or under $1.90 a day. |
| 0:11.0 | By the late 2010s, this was under 1%. |
| 0:15.0 | So in absolute numbers, somewhere between 800 million and 1 billion people were lifted out of extreme poverty over roughly four decades |
| 0:23.0 | in China. That's the largest and fastest such reduction in human history by a significant margin. |
| 0:30.4 | So does that fact vindicate the Communist Party of China? And if so, what policies and positions does it vindicate? In the 1980s, |
| 0:40.2 | Deng Xiaoping liberalized the Chinese economy, allowing freer trade and profit-making by entrepreneurs, |
| 0:46.2 | and that means that neoliberals will argue China's rise proves free markets work. |
| 0:51.3 | But the Chinese state also kept a great degree of control in government hands, and the state |
| 0:57.2 | remained thoroughly Leninist. So is its rise a vindication of the left? Or perhaps you might be |
| 1:04.1 | watching this thinking, I've got this all the wrong way around. Perhaps China's rise should not be a |
| 1:07.8 | vindication of any ideology because China's rise was built on the |
| 1:11.6 | backs of suppressed labor and authoritarian politics. In that case, should China be precisely |
| 1:16.9 | an example of how not to run a country? Now, I find these questions personally fascinating. |
| 1:23.6 | I spend a lot of time thinking about them. And given China looks set to dominate the 21st century, |
| 1:28.9 | they aren't questions anyone can afford to ignore. And I had the perfect guest to talk them over. |
| 1:34.9 | Yosteen Hauger is assistant professor in development economics at Cambridge University. |
| 1:39.5 | He's written extensively about China and could often be found arguing with China Hawks on Twitter. Like me, |
| 1:46.4 | Yosteen has just come back from a trip to China. So we also discussed some of our experiences |
| 1:50.7 | there. Yostin Hauger, welcome to Navarra Media. Great to be here. Great style, by the way. Can't |
| 1:57.2 | go wrong. Black T-shirt, shaved head, stubble. Yeah, doing my best Michael Walker impression. |
| 2:02.6 | Representation is important. |
| 2:05.6 | You are assistant professor in development at Cambridge University. |
... |
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