Yukon Huang: Debunking Myths About China's Economy

CA 1 Yukon Huang: Debunking Myths About China's Economy 1,095,686 views •Dec 1, 2017 8K 1.5K Share Save World Affairs 46.2K subscribers China’s rapid growth and transition towards a more market-oriented economic system have encouraged spectators to predict massive changes to the Chinese political and social system. However, while growth is slowing, the economy remains sound and the Chinese Communist Party emerged from the 19th Party Congress with its strongest leader in years. What makes experts forecast again and again that China is on the verge of collapse? Yukon Huang, former Country Director for China at the World Bank, cuts through the myths and joins us to discuss his new book, "Cracking the China Conundrum: Why Conventional Economic Wisdom is Wrong." His in-depth analysis explores the varied dynamics at play in China’s economic growth today and sheds light on why so many China watchers have gotten it wrong. SPEAKER: Yukon Huang Senior Fellow, Asia Program, Carnegie Endowment for International Peace MODERATOR: N. Bruce Pickering Vice President of Global Programs, Asia Society and Executive Director, Asia Society Northern California, Asia Society For more information about this event please visit: http://www.worldaffairs.org/media-lib... ------------------------------------------------------------------------------------------------------ Facebook: https://www.facebook.com/WorldAffairs... Twitter: https://twitter.com/world_affairs Website: http://www.worldaffairs.org 1,332 Comments augustin tio Add a public comment... Huh Wut Huh Wut 1 year ago Live there to know it 16 Bruno TaTa Bruno TaTa 2 years ago Virtually every speaker on economics comes from a biased point of view. Read everything you can to attack any theory presented to you. You will often find they are full of it. 46 Rakkasan06 Rakkasan06 3 years ago Thanks this been very interesting insight on China Mr. Huang 122 vietimports vietimports 2 years ago yukon "conventional wisdom" huang 17 L. Jin L. Jin 2 years ago Eyeopening, I am shocked, a few perspectives I have heard the first time and yet make such great sense in explaining the debt and land value phenomenon in China. 8 Nigel Wiseman Nigel Wiseman 2 years ago Wonderful thoughts from a highly informed person. 19 Ro. Samuel Dumdum Ro. Samuel Dumdum 2 years ago Now, this one is much better than that Walton pretense. 🤔👍 3 Veek M Veek M 1 year ago very nice video :) thank you 3 N A N A 1 year ago @6:48 U.S. FDI has historically been only 1% because of the U.S. system of worldwide taxation. In the past, when investing in China, we would operate through a foreign holding company (typically Cayman Islands, but British Virgin Islands, Netherlands, Ireland, and Switzerland, are also common). These indirect investments are not included in the 1% amount, but they are the mainstream vehicle of U.S. based MNC foreign investment. 33 Moonlight Moonlight 3 years ago Very interesting insight from the speaker. 89 GSH RDY GSH RDY 3 years ago Its hard for many people to conceptualize many things about economy growth and decline. Good lecture, learned something. 118 Henry M Henry M 1 year ago It’s one of the best lectures to figure out the problems about US , China and the world. 16 Connie walker-carter Connie walker-carter 3 years ago Outstanding 36 Ed Kim Ed Kim 2 years ago He reminds me of Peter Thiel 5 literatious literatious 1 year ago Good to see different perspective. Thought provoking ideas here. I'm not holding my breath on validity. 6 K J K J 1 year ago do the same kind of interview now in 2019. 84 Ta Ta Ta Ta 1 year ago Interesting views with good questions from the moderator. Qns helped us to understand in further depth. TQ