Yukon Huang: Debunking Myths About China's Economy

CA 7 Yukon Huang: Debunking Myths About China's Economy 1,155,647 views •Dec 1, 2017 8.7K 1.6K Share Save World Affairs 47.7K 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​ 1,326 Comments Auggie Giuseppe Add a public comment... Submariner-Wannabe Submariner-Wannabe 1 year ago Laughable how quickly people from the west dismiss any form of praise or positive predictions for China as "Communist propaganda" 😂. 85 Comedian Man Comedian Man 3 years ago This is one of very few brilliant Chinese experts who really know what he is talking about. And this is the one in a long long time that makes me realize there is social scientist that can do real "scientific" research. 43 L. Jin L. Jin 3 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. 48 twenlil twenlil 2 years ago Yup I did fact check Yukon about US direct foreign investment in China and he was right... https://apps.bea.gov/international/factsheet/factsheet.cfm Year Total Asia-Pacific China 2017 6,013,335 941,202 107,556 So US direct foreign investment n China is about 1.79% of US direct foreign investment 20 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.