Yasheng Huang is the Epoch Foundation Professor of Global Economics and Management at the MIT Sloan School of Management. His new book is The Rise and Fall of the EAST: How Exams, Autocracy, Stability, and Technology Brought China Success, and Why They Might Lead to Its Decline.
Steve and Yasheng discuss:
1:11 From Beijing to Harvard in the 1980s
15:29 Civil service exams and Huang's new book, "The Rise and Fall of the EAST"
37:14 Two goals: Developing human capital and indoctrination
48:33 Impact of the exam system
57:04 China's innovation peak and decline
1:12:23 Collaboration and relationship with the West
1:21:31 How will the U.S.-China relationship evolve?
Audio-only version, and transcript:
Yasheng Huang at MIT