![]() Keyu Jin was brought up in China before moving to the US for her secondary school education. On the other hand, it’s also important to remember how far China’s come over the last 40 years, a period that’s seen hundreds of millions of people lifted out of poverty, the rise of entire new cities and of an affluent middle class. ![]() There are some analysts, however, who point to deep structural problems that China is facing, such as a shrinking and ageing population, an increasingly hostile United States, and a large pool of unemployed and dissatisfied graduates. With China out of lockdown, the country’s economy has come roaring back. Whatever this unrest leads to, it is already hugely significant. This is the sound of Chinese people chanting for the ruling Communist Party and its leader, Xi Jinping, to stand down. For many ordinary Chinese an arguably much more significant landmark took place late last year when a mass rebellion by young people persuaded the government to abandon its zero-Covid policy and the repeated lockdowns that have entailed. For China’s leader, Xi Jinping, the Congress marked the latest stage of what he calls the great rejuvenation of the Chinese people. The 20th Congress of the Chinese Communist party took place in Beijing last October. So what social, economic and political changes lie ahead for China? She believes that a new generation is coming of age who will profoundly change our country for the better. ![]() At a time when some are talking about Peak China and arguing that the glory days of the Chinese economy are over, Keyu has a more optimistic take. This podcast is a co-production with Intelligence Squared, who’ll be running a slightly longer version of our conversation. My guest is Keyu Jin, associate professor of economics at the London School of Economics and author of a just-published book, The New China Playbook: Beyond Socialism and Capitalism. This week’s podcast is about the rise of China and the country’s future. I’m Gideon Rachman, chief foreign affairs commentator of the Financial Times. This is an audio transcript of the Rachman Review podcast episode: ‘ China’s next generation ’ ![]()
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