Want to create an interactive transcript for this episode?
Podcast: Geopolitical Economy Report
Episode: How does China's system really work? This famous Chinese professor explains
Description: How do China's government, political system, and socialist market economy actually work? How does China see democracy, the USA, and Donald Trump's trade war? Renowned Chinese scholar Zhang Weiwei explains the China model in this interview with Ben Norton.
VIDEO with subtitles here: https://www.youtube.com/watch?v=rkVyYvWezI0
Topics
0:00 Highlights
1:30 Introduction to Zhang Weiwei
1:51 The China model
3:23 Civilization-state
4:13 Meritocracy
5:01 Socialist market economy
7:52 US capitalism vs Chinese socialism
9:36 Foreign investment in China
11:15 How China sees democracy
13:46 How laws are made in China
15:59 Economic planning
16:59 Debate with Francis Fukuyama
20:11 US trade war on China
23:36 Dedollarization of financial system
28:17 The multipolar...