Name: Economist Steve Keen on how China's strong public sector boosts its economy
Uploaded: 2026-08-22T11:08:11+08:00
Duration: PT50.033S
Description: Australian economist Steve Keen said on a podcast that one of the key differences between the Chinese and US economic models is China's greater focus on the public sector. He cited high-speed rail and healthcare as examples, noting that China's strong

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Australian economist Steve Keen said on a podcast that one of the key differences between the Chinese and US economic models is China's greater focus on the public sector. He cited high-speed rail and healthcare as examples, noting that China's strong public sector and well-developed infrastructure provide a solid foundation for private-sector growth and innovation. In his view, this combination of public and private sectors is a key reason why China's public-sector innovation has outpaced that of the United States. #GoodPoint

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