Soumaya Keynes

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118 appearances 1 recordings 1 series first heard Aug 2026 last heard 6 Aug

Soumaya Keynes’s voice in public audio — every appearance, attributed to the second.

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Unhedged · The Economics Show: China wanted western tech. Now, the tables have turned. · 6 Aug 2026 podcast

China has moved up the value chain.

Its companies aren't supplying basic components anymore.

They are global brands in their own right.

And Western officials are looking on anxiously as Chinese batteries, cars and drones become increasingly sophisticated.

Now, Western policymakers are asking the same question their Chinese counterparts were asking years ago.

We'd like to beat them.

Should we be joining them?

This is The Economics Show with Samaya Keynes.

I'm the author of a new book, How to Win a Trade War with Chad Bowne.

And in this episode, I wanted to make a sort of spin-off show going deeper into one of the topics that we covered and also speaking to one of the researchers whose expertise we drew on.

So today, I am delighted to be speaking to John Minnick, assistant professor at the London School of Economics, whose super interesting research looks at the history of technology transfer to China and how other countries might learn from that model today.

John, hello.

OK, so on a scale of 1 to 10, how strongly would you recommend to Western governments that they respond to concerns about Chinese competition by persuading them to hand over their tech?

So 1 is no, don't bother.

10 is absolutely this should be a massive priority for them.

Okay, well, starting on a nice upbeat note there.

So it feels like this question of, you know, how to do tech transfer, how to deal with investment is really where the debate is right now when it comes to relations with China.

I think in the US, there's relative hostility towards inbound Chinese investment, although increasingly there are voices making this point that, you know, if we want to compete, then we're actually going to have to try to draw on some of the Chinese company's technology.

I think in the EU, the debate is much less settled.

So there is just this question which is open of how far they should embrace partnerships with the Chinese.

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