China's Economy and Tech Race: Economist's Insights on Shanghai & AI

Meet Richard Turrin, a best-selling American economist who has lived in China for over 15 years. He previously worked in Europe and Singapore. Richard shared why Shanghai feels safer than many Western cities, who's winning the AI space race—China or the US, and whether the Chinese economy is collapsing or rising again. Enjoy!

Richard shared why Shanghai feels safer than many Western cities, who's winning the AI space race—China or the US, and whether the Chinese economy is collapsing or rising again. He also discussed how Chinese and American people think differently, the biggest differences between them, and what's happening in China now. Richard elaborated on why a big idea for the nation plays a huge role and why Chinese with good degrees are working as delivery drivers.

He addressed the question of whether China is collapsing and if Americans fear China. Richard also talked about how fast China is changing, China’s digital economy – whether it's behind or ahead of the US, and an American’s view on the Chinese government. He highlighted the most fascinating high-tech thing in China and discussed loans in China vs. America. Richard explained why Chinese people save money and touched upon cryptocurrency in China. He also shared how China shaped his personality and gave advice for foreigners to understand China.