Confronting Chinese State Capitalism

Center for Strategic & International Studies

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China has practiced state capitalism for many years, but its form, function and implications have changed dramatically over the past decade. The Xi administration is more committed to its statist vision for China’s economy and global footprint than when Xi took over in late 2012 or in 2017 at the beginning of the Trump administration. China’s rapid movement into high-tech sectors makes finding effective solutions more important - and more pressing - than ever.
This event will feature two panels of leading experts from academia, business and government. The first will focus on the institutions of state capitalism - China’s behemoth and globe-spanning state-owned enterprises (SOEs) and a Communist Party that is now a direct regulator and more involved in corporate affairs than ever before. The second will focus on the market distortions created by China’s state capitalism at home and abroad, including weakened intellectual property rights, overcapacity, and fragile supply chains. The event will conclude with remarks from James McGregor, Chairman, Greater China for APCO Global, who has been a leading authority on China for the last quarter century.
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VIDEO
00:00:00 Introduction
• Scott Kennedy, CSIS Senior Adviser and Trustee Chair in Chinese Business and Economics
00:04:29 "The Party-State is Back - The New Face of Chinese State Capitalism"
Moderator:
• Jude Blanchette, Freeman Chair in China Studies
Panelists:
• Barry Naughton, Chair of Chinese International Affairs, University of California, San Diego
• Andrew Batson, China Research Director, GavekalDragonomics
• Wendy Leutert, Chair of Chinese Economics and Trade, Hamilton Lugar School of Global and International Studies, Indiana University
• Meg Rithmire, Associate Professor of Business of Administration, Harvard University
00:51:21 "Confronting China’s Market Distortions"
Moderator:
• Scott Kennedy, CSIS Senior Adviser and Trustee Chair in Chinese Business and Economics
Panelists:
• Carolyn Bartholomew, Chairman, US-China Economic and Security Review Commission
• Rob Atkinson, President, Information Technology and Innovation Foundation
• Daniel Crosby, Partner, International Trade & Government Matters, King & Spalding
• Arthur Kroeber, Founding Partner & Head of Research, GavekalDragonomics
01:44:12 James McGregor & Jude Blanchette
• James McGregor, Chairman of Greater China, APCO Worldwide
• Jude Blanchette, CSIS Freeman Chair in China Studies
02:00:43 Closing
• Scott Kennedy, CSIS Senior Adviser and Trustee Chair in Chinese Business and Economics
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RELATED CONTENT
• Podcast: Pekingology, “The New Realities of Party-State Capitalism,” January 28, 2021. bit.ly/3scSMu2
• Commentary: Jude Blanchette, “Confronting the Challenge of Chinese State Capitalism,” January 22, 2021. bit.ly/3uhR8cl
• Report: Scott Livingston, The New Challenge of Communist Corporate Governance, January 15, 2021.bit.ly/3k8uFK6
• Blog Post: Scott Kennedy, “The Biggest but Not the Strongest: China’s Place in the Fortune Global 500,” August 18, 2020. bit.ly/3aHrO7K
• Report: Edited by Scott Kennedy, State and Market in Contemporary China, March 2, 2016 bit.ly/3dzTmy4
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1 июл 2024

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Комментарии : 517

@thetruthhurts9750 2 года назад

No country is entitled to be the master of high technology. Chinese people have the right to enter any market and produce whatever product they want. China has the right to implement whatever system is best for THEIR people.

@shawnnoyes4620 Год назад

Correct but not steal IP but yet force everyone else to follow WTO.

@thetruthhurts9750 Год назад

@@shawnnoyes4620 Your government has a duty to its own people. China isn't obligated to follow Western IP rules if it doesn't benefit them. Western people stole land and natural resources yet complain that China is bad for stealing IP. You don't have a leg to stand on.

@yiquny 6 месяцев назад

@@shawnnoyes4620it is immoral to imply others are stealing while oneself is a real theft

@yiquny 6 месяцев назад

@@shawnnoyes4620the country that violated wto rules and intentionally disabled the functioning of wto is called "USA".

@Erik-rp1hi 3 года назад

I don't see US corporation acting in the best interest of the U.S. as long as China gives them enough access and the hope that they can stay as long as they live. Washington must do what it has to do to counter all the negative effects they cause America. It is even more the tough love.

@levelazn 2 года назад

US corp act in the interesti of individuals. Which is why military industrial complex is so toxic in u.s foreign policy. Unchecked corporate interest is the down fall of democracy

@user-in2be5qv5i 3 года назад

When China is in the West it acts black but when it is in the East it acts white

@JoeyVol 3 года назад

You must have been raised in a non-ethnically diverse environment.

@tylerlivingston82 3 года назад

This is a complex discussion on a very dynamic geo-political relationship, and that's what you got out of it? You really need to start thinking deeper man, that's just pathetic.

@user-in2be5qv5i 3 года назад

@@tylerlivingston82 What more do I need to say? What I said is all I need. What did you get out of this video? More drool material? Sounds like it because you sound the panda hugging type I was talking about. Act black when you’re in the West but act white when you’re in the East

@tylerlivingston82 3 года назад

@@user-in2be5qv5i It's a discussion on the inner workings of the Chinese economy and the direction it's heading. And here you are reducing it something as simplistic and binary as black v white. If you don't get why that's completely intellectually lazy idk what to tell you man.

@tylerlivingston82 3 года назад

@@user-in2be5qv5i "Sounds like it because you sound the panda hugging type I was talking about" I called you out for completely missing the point, I guess that means it's time for you to resort to name calling... Are you capable of staying on track or is this the direction this conversation is gunna go?

@tewcheong9361 3 года назад

State capitalism? Wtf does this even mean? Every economic system needs the state to be involved no matter how small the involvement is. We don’t call democracies in Asia “state democracies” now do we

@lolollolol1436 3 года назад

okay Chinese spy calm down now

@tewcheong9361 3 года назад

@@lolollolol1436 I’m not a Chinese spy. If I was I would be working with you

@jacobbrassard2776 3 года назад

I think its a term for more heavy-handed control over markets

@hughmungus2760 3 года назад

@@jacobbrassard2776 What do you call 5 trillion dollars in QE and 'too big to fail' companies in the US?

@Battlecry17 3 года назад

State capitalism usually refers to a large role for state-owned enterprises. "Normal" capitalist economies have heavy regulation or social spending, but not state ownership of commercial firms, which China and Singapore does.

@melchielzielke686 2 года назад

There is no need to oppose a good force.

@doozledumbler5393 Год назад

Exactly. That whole question that underlies what they are talking about is: Why do they need to confront it? Why does China have to follow USA's path? The whole premise of the discussion is that the US is on the only correct path and the rest must follow.

@netizencapet Год назад

It's complicated. At this point, the US needs to pursue protectionism and industrial subsidy to safeguard labor demand. However, the US should quit its military buildup and containment strategy immediately and half its military spending. We cannot afford both types of competition and we will lose in the long run if we don't invest more in HDI, human capital, public health and public education, including at the university level.

@nationalsecuritylaw9223 3 года назад

Confront Xi Jinping thought. Confront disablism

@watsonbrown5456 3 года назад

the ones who complain about Western capitalism will of course have nothing to say about the Chinese version

@captrodgers4273 3 года назад

the Chinese are communist in name only.........if you look at their economy and how they require business to operate we should be doing the same things here in America

@mani-rc2tv 3 года назад

You are aware most socialist are pushing for the same things the Chinese government are doing. China’s state controls the free market. It is the guarantor of growth

@jurak1584 3 года назад

@@captrodgers4273 Chinese communism is on the road to meet the same fate of death as Nazi German. Economically the system is the same, politically and socially as well. All members of the Chinese country is whipped into becoming brain-dead sheep to obey the orders of the Chinese emperor. This shows most clearly in international politics where it has no friends but many clients that one finds at a brothel

@fannybirot2362 3 года назад

@ J Koralski You are good! Live forever in your illusions and don’t wake up ever.🤣🤣🤣

@LeeSkJohn-sv8wi. 3 года назад

@@captrodgers4273 the chinese are communists through and through. you guys are the truest believers of collectivist bulshit

@navalaviation6050 3 года назад

maybe a Chinese celebrity will sing a ccp song about good benefits of China capitalism like they have done for Senkaku Island propaganda video

@Gman979 3 года назад

Your point being.

@h3o710 3 года назад

we could also look the state sponsored human trafficking from the China-North Korea nexus

@stevenmoore6783 3 года назад

Good point. A big problem in China is children being kidnapped and sold. But, the Chinese police now have a new weapon to combat this practice, video cameras.

@spidey5324 3 года назад

@@stevenmoore6783 You ignored thousands of Muslims killed by the free countries.

@levelazn 2 года назад

we should look at state sponsored killing of civilians in afghanistan and iraq and syria and libya

@wisdumsamateh7526 3 года назад

God bless the 🇨🇳 -free world ✊✊✊✊✊✊✊✊✊

@gfalax22 3 года назад

state capitalism is state socialism in a drag. Two sides of same tyrannical coin

@liamo1126 3 года назад

BRI should really stand for Bodyguard Recruitment Initiative. The program is China’s attempt to recruit as many bodyguards to fight its wars as possible

@TheKkpop1 3 года назад

Unlike coward US is fanning war against China while hiding in the back stage.

@liamo1126 3 года назад

@@TheKkpop1 the US is not fanning war but just responding strongly to the belligerence by your communist elites. They have on multiple occasions ordered China to prepare to go to war. so naturally the us and its partners will push back against China and its servants

@Gman979 3 года назад

TQ for your opinion which means nothing really equal to your gap being closed. Next.

@levelazn 2 года назад

@@liamo1126 i think afghanistan children who were drone struck would disagree with youre assessment about whos belligerent

@warpig1431 3 года назад

Who aside from China’s colonies will adopt its state capitalism ideas?

@jacobbrassard2776 3 года назад

There are a few. Some like Dubai are simmilar. Most countries have some amount of state influence in the markets.

@mani-rc2tv 3 года назад

Oil rich countries already do

@levelazn 2 года назад

tell me where chinese colonies are?

@Erik-rp1hi 3 года назад

I agree with Arthur Krueber, if China has been violating Black letter rules of the WTO they need to be kicked out. I hope he was not being sarcastic.

@tonylee9363 3 года назад

The WTO ruled that US tariff on China is illegal

@levelazn 2 года назад

WTO says u.s can invade other countries for oil.

@sharpshooter2702 3 года назад

The CCP respects sovereignty so much it has territory issues with Japan, Taiwan, Korea, Philippines, India...

@johnjojo1674 2 года назад

They really should learn from the US. Let's just take over the land and kill them all so nobody's having territory dispute anymore.

@alexharrison9340 2 года назад

@@johnjojo1674 You've got it about right there, the utter hypocrisy of the US.

@levelazn 2 года назад

The CCP should learn fromt he best. invade other countries to spread "democracy" while confiscating oil fields

@theoneandonlybmc 3 года назад

This was a missed opportunity to discuss and expose the Chinese hand behind the Myanmar coup. 100% the putsch was brainstormed by the Chinese politburo who desperately need a client state to buy its weapons

@levelazn 2 года назад

as can be said about the HK protest. and any protest in any countries that u.s is not a fan of

@h3o710 3 года назад

The US is an independent country with full control over its foreign policy. If China doesn’t like the US confronting its hegemony it can always take its anger out by domestically abusing its vassal states

@archangel7052 3 года назад

China is handing it out to US dogs like Australia lol.

@h3o710 3 года назад

@@archangel7052 Australia is no dog when it is the dog owner of China. China hands to Australia her women and children and Australia hands to China garbage and drugs

@archangel7052 3 года назад

@@h3o710 And iron ore, wine, coal, timber, grains etc etc, which are all being taxed heavily or are soon to be as we speak...Essentially China is handing out the same treatment it's receiving from the US down to Australia the mad dog. In order to buy more from the US, naturally China has to cut down imports from other smaller countries. Australia can thank the US.

@fukyu8733 3 года назад

the greatest irony of China’s promotion of this Maoist “state capitalism” ideology is that the failed states where they are promoting it overwhelmingly choose to migrate to the West vis-vis China. A person living in Congo will choose to live in the West over China 99% of the time

@archangel7052 3 года назад

@@fukyu8733 True, but that isn't going to change anything at the economic front.

@dblev2019 3 года назад

It took 51 minutes before they got to a person who actually understands the way the CCP operates. The first panel was frustrating to watch. What I don’t think many of these people got is that the CCP knows they can control most Presidents by manipulating Wall Street, and since Trump didn’t operate that way it frustrated Xi. Furthermore, the idea that Trump severed alliances is simply not true as we continued to play an important role in the Five Eyes alliance. He also showed tremendous support for Taiwan and Hong Kong. In some ways alliances grew stronger under Trump as he played a big role in establishing the Quad Alliance. Furthermore, there was no mention of the how the CCP’s violation of the Sino-British Joint Declaration which ended Hong Kong’s freedom and killed their economy. They merely gave a passing mention of the CCP’s belt and road initiative and how they targeted poor countries using debt diplomacy designed to take over infrastructure. Going forward the U.S. needs to show a strong commitment to stand with Taiwan and Hong Kong, and decoupling has to be on the table. We should also start pressuring China to actually pay on the $1.6 trillion the owe us. And tariffs need to remain indefinitely.

@pQ07 3 года назад

ask for more stimulus checks, the economy is dying

@dblev2019 3 года назад

@@pQ07 Revive the economy by returning to normal. China has manipulated the world into responding to this virus in a way we would have never responded if the virus started anywhere but China. Now the world is on the verge of adopting a vaccine passports which Xi Jinping proposed on November 21 at the G20 summit. Right now the Chinese Communist Party is controlling the world, including the U.S.! By the time people realize it we will be in it so deep I don’t know how we will dig our way out! We have to break China economically or things will get real ugly.

@pQ07 3 года назад

worry about your own economy first. how you going to solve the world's problem but cant even solve your own? wear a mask, take a shot, quit blaming others for your own doing

@dblev2019 3 года назад

@@pQ07 In all fairness in Texas death rates are way down, infection rates have dropped off the table, and the economy is actually doing well. We’ve ended all lockdowns months ago and have allowed businesses to open at full complicity. We’ve also ended mask mandates. Some businesses still choose to require tight restrictions, while others have returned to normal operations. The federal government is the main obstacle as they have chosen to not secure our border, so most covid cases are coming in from illegal immigrants. I have found four peer reviewed studies which have all came to the conclusion that the lockdowns were a total failure! This shouldn’t be a surprise as on January 31, 2020 a woman who lived in China during the SARS outbreak wrote an oped in the L.A. Times warning of how China’s lockdown strategy failed. She also spoke about how the lockdowns had a long term negative effect on the people living in the region. Masks should have never been forced on us and lockdowns likely killed more people then COVID did! We were warned but we fallowed the CCP’s lead anyway. Sadly it seems we haven’t learned our lesson either.

@dblev2019 3 года назад

@Ralph Tamez Your response is so dumb you make me laugh. Your clearly a 五毛. Should I feel honored or disgusted you went after me?

@conorvorid922 3 года назад

Countries have the right to secure their borders by keeping believers in Chinese state capitalism out i.e terrorist totalitarianism . The right for countries to secure their borders and keep their own people safe from diseases is a right all countries have

@johnjojo1674 2 года назад

And how's the countries you are addressing kept the people safe from a disease called COVID-19?

@levelazn 2 года назад

i wonder what afghanistan has to say about that?

@levelazn 2 года назад

@Citizen Five best hackers are all in the C.i.A

@setxh-oz1ws 3 года назад

Great video and insights. If the Chinese system is as strong as it the propagandist make it out to be then it has nothing to worry about from what these panelists are saying

@robertwong4749 3 года назад

@Cameron C China falling apart depends on us getting involved and playing our part. You are weak but you are not that weak

@robertwong4749 3 года назад

@Cameron C We don’t need to “sell” anything. We just let the record do the talking. Bases in Japan and Korea, weapons to Taiwan, troops in the Philippines. For everything that needs the marketing we leave that bullshit to you actors

@robertwong4749 3 года назад

@Cameron C When China relies on you to do its communofascist public relations it’s obvious they’re not finding their best. You don’t measure the strength of relationships by “trade”. Economic partners come and go but security partners are here to stay. Trade is what countries need but security alliances is what countries want. That is why it’s much easier and much more common for countries to terminate trade deals than security pacts. Like a poodle clinging on to the legs of the master you bark about “trade” ad nauseam because a) you know your time is up because we and everybody else is well on our way to diversifying our trade and supply chains from you and b) that’s the only argument you have to convince yourself that China isn’t the sick man of the East. Our elites? They’re stepping on your red lines over Hong Kong, Taiwan, Xinjiang and the South China Sea like a doormat. The military is preparing for all out war against China. Biden has personally warned your tinpot dictator to be ready for “extreme competition”. Our tolerance of your contract globalists is over and their continued backstabbing is really the last gasps of a soon to be extinct breed. We’ll keep selling all sorts of weapons to Taiwan and you won’t overtake us. There will be a war to stop it from happening and China is going to lose.

@robertwong4749 3 года назад

@Cameron C You can try as hard as you want but you can’t polish a turd. I don’t need to believe anything when I can just let the record do the talking. Japan calls you its number one threat. Taiwan calls you its number one threat. 75%+ of Indians, Philippines, South Koreans and Vietnamese have a negative view of China. Positivity rates for America consistently outnumbers China by a ratio of 2 to 1 among asean. France, Canada, Britain, Germany, the Dutch, Australia are all over the place in the South China Sea. Not only are these trends not going away which under your amateur “economic peace” theory it should, but they are accelerating at warp speed. True you might get the occasional feel good story like how your coronavirus allowed you temporarily gain the number spot in FDI, but the overall trend is clear. The region would rather die on their feet than live under Chinese occupation and that is why they continue to pay our service men and women to be there despite all your moaning and groaning. I repeat. Your hysteria of surpassing the US will not happen because there will be a war to stop it from happening. It is going to be over either Taiwan or the South China Sea. It is going to happen in 5 to 10 years time. And it is going to end with the dismemberment of the PRC. Your nazi policies in Hong Kong and Xinjiang only convinces us of the need to decouple and confirms that the only way to deal with you is through brute force. When we said “Never Again” we meant it and if that demands the destruction of China in order to defend Taiwan and a free and open South China Sea then that is a price all countries except of course china are willing to accept. By the time the war is done you will wish that you remained a colony of Imperial Japan.

@hughmungus2760 3 года назад

@Cameron C Hah good point about Taiwan, the US isn't afraid that china will make good on their threats to invade taiwan over arms sales,... But, handing over the blueprints to the F35 or THAAD to chinese spies in the taiwanese military and government.

@Erik-rp1hi 3 года назад

If China wants to sell electric vehicles in the US it must make them here and team up with American companies, otherwise no access.

@greenbeanfroggy3177 3 года назад

China doesn't sell EVs in the US, while Tesla sells EVs in China. US doesn't have the leverage here, instead China has it.

@Erik-rp1hi 3 года назад

@@greenbeanfroggy3177 True but if CSIS tells us that China will want to flood the globe with loss leader of all its models they won't be able to dump them here if they have to make them here. Basically keeping them out..

@user-dw3bn7ik8h 3 года назад

Capitalism would let the market decide where to manufacture things instead of state dictates.

@codzymajor 3 года назад

It is always about interests.

@Erik-rp1hi 3 года назад

Daniel Crosby remarked the WTO should set up a system to nullify Xi's plans and set a system in place to counter China plan to not have market base system in the world trade org. I agree.

@michaelwu6914 3 года назад

Hahahahha, like how? And WTO was never built for that lol

@archangel7052 3 года назад

@@michaelwu6914 Wishful thinking.

@kl-k1959 3 года назад

McGregor & Kroeber - their actual personal experiences in China with Chinese businesses shed different, practical and informed insights. But overall, the 2 hours are informative and useful. Thank you.

@spiritofgoldfish 2 года назад

The classical role of government is to tax away economic rents and use it to lower the cost of production. This is done through subsidies for such things as public infrastructure, education, and health care, not raising the prices through monopolistic privatization. The problem with economics as it is understood in America, is that there is no distinction between wealth production and wealth extraction. Production of goods and services speaks for itself, but monopolies and the banks (FIRE, finance, insurance, and real estate) extract what is called economic rent. The free market Adam Smith talked about is free FROM economic rent, not free FOR economic rent. This is Chinese Economic Policy as opposed to American Financial Capitalism favoring the rentier class, and it is what the conflict is really all about. American democracy is entirely theatrical with the public will having no more effect than Chinese public will on the Chinese Communist Party. If the US was a democracy, we would have a decent minimum wage, public health care, free education, parental leave, and gun control, to name a few, all by popular demand.

@peterprovenzano9039 3 года назад

Go ask Mussolini what his definition of state capitalism is. Here’s a hint, he called it Fascism

@hughmungus2760 3 года назад

Considering most western governments are bought and paid for by capitalists that kinda makes western countries defacto fascist too.

@presswerks5476 2 года назад

@@hughmungus2760 You're not wrong. The USA for example, is nothing but a corporate fascist state.

@jama5191 2 года назад

@@presswerks5476 well big corporations around the world are using their government to further their interests.🤔

@sjaw100 Год назад

Why does analyses of American economic challenges always turned into a China bashing pow-wow instead of some meaningful inward analysis of the flaws and shortcomings of US government al policy and corporate behaviours or social/ cultural issues in US?

@AJ-dt1cg 3 года назад

Venezuelan cook serves the Korean security guard Korean security guard seeves the Russian cook Russian cook serves the Western baby maker Western baby maker serves the Chinese home owner

@Andrew-hn3hh 2 года назад

please explain?

@alexharrison9340 2 года назад

The red fox flies at midnight, ah, he has jelly babies we see.

@louisjackman4292 3 года назад

This video explains why capital punishment should be imposed on any Westerner who supports china

@humphreywu9039 3 года назад

Don’t be jealous. Grow up and face the Competition.

@hughmungus2760 3 года назад

Lol why is it these videos always draw closet nazis out of the woodwork.

@sirjason7382 3 года назад

the goal should not be to confront its state capitalism. The goal should be to destroy its state capitalism. There can only be one sort of capitalism allowed to reign supreme and it should be our capitalism

@captrodgers4273 3 года назад

by the looks of it Chinese capitalism is better then western capitalism. while the west has been trying so hard to be socialist and dieing as a result.......... china has embraced Nationalist freemarket capitalism and is arguably a superpower now.

@hughmungus2760 3 года назад

Not sure if your comment is supposed to be sarcastic or not.

@KayyHong 3 года назад

State capitalism works for the people. Western style capitalism works for the rich 1%. Profits from the former belongs to the people (state) used in development to benefit the people. Profits from the latter stays in the bank accounts of the rich who even cheat on taxes!

@clement3718 3 года назад

@@vonAlec you are right !They are basically blinded by their desire to maintain supremacy

@richardlim2518 3 года назад

seems like the reaction of the status quo on the initial global and impact of China's disruptive economic advancement is synonymous to Uber or Airbnb's effect on theirs'. Irregardless, the data shared are simply astounding. Just looking forward to the next group of countries like India, Burma, Indonesia, Vietnam and many other countries in South America and Africa to make their global economic mark..

@OlympischbriesjeNadaAverage 2 года назад

Better microphones please

@1mbb8 3 года назад

Your think tank needs better writers. State capitalism is just a fancy way of saying fascism. Any ideology that is state directed and financed is by definition fascism

@keelyjohnson462 Год назад

20/20 exactly because if all we had were universities hospitals and resource management and allocation we would be able to see clearly the triangulation in human resources

@andrewcannon587 Год назад

the west made 2 grave mistakes 1. the west ignored sun yat-sen and embraced mao. 2. to correct their mistake, the west then help CCP to open up china to world trade and technology transfer and voted for china to enter the UN instead of taiwan, thinking and hoping china would transition to western values and principles by giving china a leg up. The CCP use that generosity to make CCP stronger. Would the west fix their past mistakes?

@Digmen1 2 года назад

The American tax laws encourgage them to move overseas.

@bobsmith3983 Год назад

It's all about profits and greed, nothing to do with China in particular. It would be the same if Nigeria was the economic miracle. The USA would be doing the same to Nigeria as it's doing with China.

@keelyjohnson462 Год назад

3016 exactly I've been seeing a ton of improvements on access for disabled individuals we're not there yet and we want to make fewer disabled individuals

@dadoughnutman7628 3 года назад

“Chinese state capitalism” sounds like a medical condition

@Erik-rp1hi 3 года назад

I want to go with the plan that the US brings up the black letter violation of the rules of the WTO that China violates and unless they follow the rules the US stops trade with them.

@keelyjohnson462 Год назад

3737 exactly because we want to be able to vote and we can't vote when people are shamming us

@keelyjohnson462 Год назад

3939 we want to be able to discuss it all happy and self-confident so we want to make sure that we don't have any backstabbing ability departments because people already are going to make accidents

@keelyjohnson462 Год назад

2217 we don't want politics tied into the military and how are they supposed to not be in the way that was because with the reason we had military was like long-term communication device in judicial measures anyway

@keelyjohnson462 Год назад

1432 I know we have to fix all this but what that means is the state of whatever you're saying the state of being human and so forth so we have to get rid of all that stuff that was actually about shipping we need to be able to ship to correct locations instead of have to give a different name and location because somebody said something

@keelyjohnson462 Год назад

3333 hiring platforms the synopsis of that dissertation would have been that's how cities grew so large if you convinced everything I've been saying in relativity to the civil engineering

@davisoneill Год назад

China has a rules based system - they're just not Anglo-Saxon rules.

@zyc8198 2 года назад

14:53 I wouldn’t be so sure about that.

@keelyjohnson462 Год назад

4147 it's like we're all co-chairs

@keelyjohnson462 Год назад

3232 you're always speaking more self for reflectively that's why I keep bringing people's attention to religion it was like government because it was all teaching about having a conscience

@auseongpeng3438 Год назад

US has the resources to innovate, develop n drive technological and science n digital advancements. what they need to elect a right minded leader. move away military supremacy and creating war around earth.

@Franklin-pc3xd 2 года назад

Jeepers creepers, that Meg is a real bossy little socialista....likes that state intervention.

@keelyjohnson462 Год назад

4030 exactly Judiciary shouldn't have been so deaf to each other that they couldn't understand what we were talking about before we had military involvement and military service members should have been trained out that and we can't blame any race or gender or Department in whole totality and so that would render true for the humans

@hlecrespo5000 3 года назад

Teach the little pinks the meaning of war and peace by sending them the minutemen, trident and B52 payload

@hlecrespo5000 3 года назад

@Nage Please you play with yourself too much CGTN. Say cheese for the flash from the mushroom cloud you little pink

@keelyjohnson462 Год назад

1417 thank you going great guys good come on Communications opening cuz yeah that's our whole job as a country make sure everyone can stay talking as long as we can

@keelyjohnson462 Год назад

2939 exactly our state kept running businesses out of town

@keelyjohnson462 Год назад

4326 I know in all the ways all of these Generations it's the sad part bigly sad indeed

@mcfdeanrudeboy 2 года назад

The speaker at @1:00:51 say that “ one of the ways i think to think about this is you have to ask the right question[…] what is good the standard yardstick is are they maximizing what's called allocation efficiency or total factor productivity uh clearly if that's the yardstick then china is completely screwing up because they're not doing either of those things total factor productivity performance has been quite bad they're wasting enormous tens hundreds of billions of dollars……. Hhmmm ok so USD$40 Billion military aid to Ukraine is USA’s standard yardstick for maximizing what's called allocation efficiency or total factor productivity and performance for its own citizens...very smart mr. you clever…

@poseidon3032 2 года назад

True. But it isn't like western nations and financial system isn't guilty. All are.

@carlroberts4963 2 года назад

America.needs.to.reminis On.how.it.was.establish.. Historically.and.discuny. Along.that.same.line.

@medicuswashington7750 2 года назад

Bullet trains and Ai.

@J.R.Graham 2 года назад

Great true story,book title-"Cowboy Mafia "-

@medicuswashington9870 Год назад

Meritocracy is the future.

@petergreenwood7731 2 года назад

China has a boat load of usd. They will be unloading that paper as the $ weapon goes into history. How they can get the $ off their ledger is the big question. Is that look too simple?

@TONYDERU Год назад

Just crush up the confiscated FENTYNAL and drop it from our spy-plane, Return To Sender.

@bubbajones7486 Год назад

According to economists, it's over for China.Chinas trade imbalance got the better of them. China got greedy and now it's all over.

@stevenx399 Год назад

You've been spouting this nonsense for decades now. This is the definition of insanity

@akaiser94 2 года назад

Jude? Is everything ok over there? You;re losing it!

@tonyxu1800 3 года назад

Serious and valuable discussion. We need to have confidence in our democratic institutions that attract most talented people around the world.

@jinlancera Год назад

State Capitalism means Trickledown economics or supply side economics 😂

@drumper6719 Год назад

the bald guy said it best in the end, need government help to compete

@JJMart-ug8wf Год назад

Love you girl

@syujengchyang Год назад

#IMHO2022

@Franklin-pc3xd 2 года назад

These guys are not funny and they shouldn't attempt to crack jokes; e.g. the dude that tried and failed with the ".....just shaved my head out of respect...." line. His Rocky the Flying Squirrell voice and manner of speaking is kind of funny though.... especially since his buddy Barry sounds like Bullwinkle.

@tamdingphuntsok9280 2 года назад

The C P C

@richiesd1 3 года назад

I though that state capitalism does not work. France did it for years.

@roro4787 2 года назад

You talk about China but there is no Chinese in the panel. That says something about how baised this interview is 🤣🤣

@bobsmith3983 Год назад

Has any of the the panelists been to China? Can any of them read Chinese? You can't be a China expert if you don't understand the language.

@ArtSells 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-cVMR39MfkJY.html

@noahclark4097 3 года назад

Singapore is the real state capitalism.

@Franklin-pc3xd 2 года назад

Fascinating that the date of this live stream was on the Tuesday of week the Chinese stock (equity) market printed an all-time high from which it proceeded to lose 55% of it's value over the ensuing one-year period (roughly). Since mid-March of this year (2022) the Chinese market has retraced about 10% of that drawdown - the jury is still out whether this is a bounce in a continuing bear market or if the March low marked a reversal into a new bull trend... way too early to conclude that the 55% drop was anything other than a "wave 1" decline in a bigger drawdown. Notably, the Chinese market has gone from being in the basement as the worst performing market during much of 2021 to currently one of the top three performing markets on the planet: Honk Kong, Turkey and China.... so effectively the top performer when you combine Hong Kong. That's a rare turnaround in time and degree.

@stealthpakfa 3 года назад

State capitalism is the future. Even the US is now embracing state capitalism.

@kfcforthe3 3 года назад

Nonsensical comment. State capitalism cannot be the future because state capitalism is fascism

@stealthpakfa 3 года назад

@@kfcforthe3 State capitalism is the only model for the future. Nearly every country is now practising state capitalism.

@DF-ss5ep 2 года назад

In the 1930s, a prescient jew in Germany (can't remember the name) wrote a letter to his jewish community urging them to make peace with the nazis. He argued that it was crucial for their survival to be seen as innocuous, and that they should accept the inevitable change: state capitalism was the future (yes, he even used that same expression - state captalism). He noted how popular it was not just in Germany and Italy, but also in the UK and the US. I agree with you, actually. It is the future, but not because it is a better system, only because it is the fittest meme in the meme pool.

@bobsmith3983 Год назад

@@kfcforthe3 Which it already is. Do you really believe that American companies run independently of the US government? If you do you are naive at best.

@yuanhaochue2889 3 года назад

One is asking for a level Playing Field, LOL, a developed nation with the best technology n Foreign Direct Investment ( 2020 was overtaken by China), unable to compete with a developing China which is still 1/6 the living standard of US.. one that has formulated the rule based world agencies such as UN, WTO ... but undermining both by not paying its annual subscription n refuse to the appointment of the 6 of 7 WTO arbitration judges.. ..withdrew from WHO n 4 other world agencies.. started wars without UN approval.., unilateral economic sanction on nations using US Security Laws including private enterprises of other nations such as Bytedance( Tik Tok,) arresting citizen of other countries.. drone assassination of foreign leader n scientist ( Iran), missile bombing of Chinese Embassy in Belgrade in 1999, stalled Chinese cargo ship without reasons for 35 days.. It takes a small , helpless third world stake holder to see US double standard n hypocrisy with US think tanks n academicians..

@tylerlivingston82 3 года назад

I wonder how many people in this comment section actually listened to the content and really thought about it. Based on the stupidity of the responses, I'm guessing 20%.... maybe.

@bflmpsvz870 Год назад

American warmongering psychos

@huaweiphone6370 3 года назад

USA France UK government funded utilities and infrastructure is also State Capitalism and must be sanctioned by the World!

@carlosmarques1670 3 года назад

ESTE es el siglo de asi EUROPA y usa ya nada tienen que aportar. America Latina tiene mucho que ofrecer en esta centuria.

@indonesiamenggugat8795 3 года назад

You better confront your rotten economy of finance capitalism at home..michel hudson..you are too far lagging behind

@warso-spt1 3 года назад

Cry me a river 😢😭😪

@maddoo23 3 года назад

Isnt state run economy inefficient? Let it be, it will crumble by itself

@nicolaupoceiro7570 3 года назад

China already had state-controlled enterprises in the Middle Ages, it has nothing to do with state capitalism, a term the West likes to use in order to somehow imply that China has adopted capitalism from the West (as if the West had invented it in the first place...), which is not the case. State Capitalism is just a recent term for an old idea that was not only common in China. Also, I don't get the West's problem with state-owned companies. State money is no worse than that of greedy private investors and investment funds, to the contrary. And it is important that the state control strategically important areas of the economy. Else you end up with a mess like the US, where companies are above politicians, and basically life has been turned into a business, with all the consequences for important pillars of society, such as morals. The mere existence of billionaires is an insult to all decent human beings. One key goal of a good economic system must be to minimize the income/wealth gap. Therefore it is important people give their best for the right reasons, i.e. not greed etc.

@tthex6484 3 года назад

Another expert predicting Chinese collapse kkkkkkkkk When will you'll stop being wrong kkkkkkkkkkkkkkkkk

@globemasteriii5581 3 года назад

we will stop getting it wrong when you start getting it right

@bobsmith3983 Год назад

A Gordon (always wrong) Chang disciple.

@ALWH1314 3 года назад

Such ancient theory to legitimize and defend competition loss without facts. Pathetic closed door self comforting therapy😹. The conclusion still go back to bullying a competitor by force like plaza treaty with Japan.

@yuanhaochue2889 3 года назад

Solve your domestic shortfalls n stop looking for scapegoats for US downfall... basically too much individual freedom n a welfare system..

@KayyHong 3 года назад

All white people talking about China. What can you expect?

@kingeric6570 3 года назад

Much less hatred than non whites talking about China. Have you seen the way the Indians or the Burmese or the Filipinos talk about China? They would make the black panthers sound like Jesus Christ!

@KayyHong 3 года назад

@@kingeric6570 --- I am not falling into your trap to divide Asians. No buy into your lies.

@bobsmith3983 Год назад

And they probably can't even read or speak Chinese. What kind of experts are they?

@codzymajor 3 года назад

Failing is tough to take.

@Tristar10h 3 года назад

It's funny to hear all those so called "China expert" adults nagging and complaining like a spoiled and entitled child.

@hlecrespo5000 3 года назад

Spoiled and entitled child? Like the Beijing-funded plague that praises the CCP while residing in the West?

@CaioPCalio 3 года назад

All the comment sections in all the think tanks i follow always seem remarkably simplistic or propagandistic. I have no clue as to why that happens, as i would expect the public of this content to be more well read than most. Does anyone know why that happens, is it simply that very specific content is more commonly search by conspiracionists, or that trolls think targeting videos with a 1000 views is effective, or is there some other reason im missing?

@h3o710 3 года назад

there are no think tanks in China. Under communism people have no ability to think

@drewbreedlove7083 3 года назад

Yeah I wasn't expecting the comment section to be the cesspool that it is.

@georgiebestmanutd4746 3 года назад

Why is CSIS quick to criticize China for State Capitalism and not criticize the same concept/playbook by other countries that just so happen to allow US Navy to use their local warm water ports as springboards to illegally trespass in S China Sea. In 1978, Deng Xiaoping visited a tiny island state in SE Asia.

@doobas2171 3 года назад

illegally trespass? They are international waters

@rongbaichen6471 3 года назад

so？as long as we get richer, we have no problem with it.

@cathayview 3 года назад

silly people telling silly stories

@mfg8129 3 года назад

But do not confront the United state capitalism

@warpedfusion2810 3 года назад

You shouldn't for your own sake. The last time you did you ended up getting massacred in Korea

@lycao7451 3 года назад

State capitalism, American capitalism, make your country better, goodlism!

@yingzhang7637 3 года назад

To resolve this ideological differences, the West is to continue positively shaping the way of its conducts in world trade according to law. Leave the internal matters to Chinese in the country. It is the choice of Chinese people how they want to live their lives. Freedom of thinking or suppressed (for more than two thousand years).