#477 – Keyu Jin: China’s Economy, Tariffs, Trade, Trump, Communism & Capitalism

**Lex Fridman** (0:00)
The following is a conversation with Keyu Jin, an economist at the London School of Economics, specializing in China's economy, international macroeconomics, global trade imbalances, and financial policy. She wrote the highly lauded book on China titled The New China Playbook Beyond Socialism and Capitalism, that details China's economic transformation since 1978 to today. And it dispels a lot of misconceptions about China's economy that people in the West have. And now a quick few second mention of each sponsor. Check them out in the description or at lexfridman.com/sponsors. It's the best way to support this podcast. We got Allio Capital for investment, Uplift Desk for amazing and functional desks, Hampton for connecting with founders, Lindy for AI agents, and Element for delicious electrolytes. Choose wisely, my friends. And now on to the full ad reads. They are all here in one place. I do really try to make them interesting, but if you skip, please still check out the sponsors. I enjoy their stuff. Maybe you will too. To get in touch with me for whatever reason, go to lexfridman.com/contact. All right, let's go. This episode is brought to you by Allio Capital, an investment app designed by people who understand global markets and the macroeconomics of a world that is sadly increasingly becoming divided politically, socially, economically. Allio is powered by Altitude AI, which identifies shifts in inflation, interest rates and global risk, then adapts portfolios in real time. Obviously, some of these topics, the intricacies of global markets, is a topic we discuss in this very episode with Keyu Jin. Anyway, I use Allio, took me just a few minutes to set it up. It's designed for both hands-on and hands-off investors. I am more hands-off. Download their app in the App Store, Google Play, or text Lex to 511-511. That's Allio, A-L-L-I-O Capital. Text Lex to 511-511. Investing involves risks, including the potential loss of principal. Past performance does not guarantee results. See terms and conditions. Text fees may apply. This episode is also brought to you by Uplift Desk, a company that brings a smile to my face. I'm sitting behind an uplift desk right now, and I have many of them in my place, have had for many years. Most of the podcasts you can see that are recorded in Austin, Texas over the past, let's see, what is it, four years. All of them are done on an uplift desk. That sort of woody colored desk for both me and the guests. I love it. It's been a source of joy, and somehow miraculously, we have connected on another level, and they, unrelated to any of this, wanted to also sponsor the podcast. It blows my mind, it makes me truly happy, when a thing that already made me happy is also a thing that is supporting a podcast in another way. They have all kinds of customizable desks, just an incredibly insane combination of possible customizations of desks. It makes you more productive, it makes you more energetic. Go to upliftdesk.com/lex, and use code Lex to get four free accessories, free same day shipping, free returns, a 15 year warranty, and an extra discount off your entire order. That's upliftdesk.com/lex.
This episode is also brought to you by Hampton, an incredible private community for high growth founders and CEOs. There is endless information online for founders, business advice, engineering advice, psychological advice, every kind of advice. The reality is, there is a degree to which all of that advice is just bullshit. The best way to get advice is to talk to other founders, especially founders of companies that want to grow, want to go big, want to build something truly special that scales fast. So the way to do that is to join Hampton to talk to other high growth founders. That's where the real conversations happen. It's kind of wonderful because I've been both in a social setting, in a more professional setting, talking to founders in the early stages and in the later stages, and you get to understand that these conversations, heart to heart, intense, when anything can be asked and everything is answered, a single conversation, sometimes a single sentence, can change the direction of your life. Anyway, they got groups forming in New York City, Austin, here in beautiful Austin, Texas, San Francisco, LA., Miami, Denver and other top cities nationwide. Find your group at joinhampton.com/lex, that's joinhampton.com/lex, and maybe I will see you there. This episode is also brought to you by Lindy, a platform that helps you build multiple AI agents in minutes. Their tagline, which I love, is meet your first AI employee. It's basically a way to build an AI agent without having to program. So you do it with a prompt. And they just launched Lindy 3.0. And here's maybe a flavor of the kind of things you can prompt it to build the agent. For example, quote, Create an agent that monitors our competitors' pricing and sends me weekly updates. Another agent prompt, Build me an agent that onboards new customers by sending welcome emails, scheduling calls, and creating accounts. All right, one more. Make an agent that escalates urgent support tickets to managers. If you're running a business or you're part of a business and you're not using AI agents, you're not playing with them, you're not learning, you're not seeing where are the places they can be leveraged, utilized to make you more efficient, you're really missing out. Because AI is becoming much more intelligent and the tooling around AI is becoming much more connected, so agents are going to be rapidly getting smarter and smarter and smarter. Anyway, sign up at lindy.ai/lex to get two weeks free, plus 50% off, a pro plan for a year. That's lindy.ai/lex.