Lessons from China’s industrial dominance, with Kyle Chan

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• 00:00

  We are witnessing a great reversal in global technology flows.

• 00:04

  That's what my guest wrote earlier this year in the FT.

• 00:08

  He wrote that for decades, China lagged behind the West,

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  but now it stands at the tech frontier

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  and the flow of technology is looking much more like a two-way phenomenon.

• 00:19

  This week, I wanted to ask how we got here and what can the West learn from China's economic model?

• 00:30

  This is The Economics Show with Samaya Keynes.

• 00:33

  I'm joined today by Kyle Chan, who is speaking to me from the Brookings Institution in Washington, D.C.

• 00:40

  Kyle is a fellow at the institution's John L.

• 00:42

  Thornton China Center and focuses specifically on China's technology and industrial policy.

• 00:48

  He also writes the brilliant high-capacity Substack newsletter on that same topic and hosts the High Capacity podcast.

• 00:56

  So Kyle and I went in touch a lot last year

• 00:58

  when I was writing How to Win a Trade War, my forthcoming book.

• 01:02

  And so I'm just super pleased that he is here to share his insights right now.

• 01:06

  Kyle, thank you so much for joining me.

• 01:09

  Great to be here.

• 01:10

  Okay, so we always start the economics show with a silly question on a scale of 1 to 10.

• 01:14

  So on a scale of 1 to 10,

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  where 1 is useless and 10 is perfect, how effective is China's industrial policy?

• 01:25

  I would give it maybe a seven or eight.

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