Keyu Jin is a tenured professor of economics at the London School of Economics who has previously worked with institutions including the World Bank, International Monetary Fund and the China Banking Regulatory Commission. Her new book, The New China Playbook, argues for a new model of growth for the Chinese economy better suited to the needs of the country’s younger generations. The book ranges widely, covering sectors from tech to financials, while seeking to dispel some misunderstanding about how China works. We touched on several of these points in the following interview, which has been lightly edited for clarity and length.
Keyu Jin.Illustration by Kate Copeland
Q: As everyone knows China's economy has grown enormously in the last 40 years. But the title of your book suggests that the country now needs a ‘new playbook’ for the next stage of its development. Can you start by telling us why, and what the main features need to be?
A: China's economy is entering a new e