Intelligence Squared Is the West Getting China Wrong? with Keyu Jin and Gideon Rachman
18 snips
May 17, 2023 
Keyu Jin, a Professor of Economics at the London School of Economics and author of "The New China Playbook," joins Gideon Rachman, Chief Foreign Affairs Commentator for the Financial Times. They tackle whether the West truly understands China, navigating tensions and cultural misunderstandings. The conversation dives into the 'lying flat' movement among youth seeking work-life balance, China's aging population challenges, and socioeconomic paradoxes facing highly educated youth. They also reflect on nationalism and the risks of conflict over Taiwan in U.S.-China relations.
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One-Child Generation Challenges
- China's one-child generation faces pressure and entitlement, leading to unique social and economic consequences.
- They are highly educated but lonely, balancing deference to authority with independent thinking.
Graduate Unemployment
- Despite China's economic growth, 20% of graduates are unemployed due to a skills gap.
- There's a mismatch between education and private sector needs for practical skills and experience.
Overqualification and Unrest
- Graduates and postgraduates work in factories, and some nannies even have master's degrees.
- This overqualification causes social unrest and diminished hope for the future.
