logo
episode-header-image
Aug 2021
31m 5s

Money Talks: What tech does China want?

The Economist
About this episode

The contours of Xi Jinping’s grand plan for the Chinese technology industry are emerging. But with so much damage done to the country’s star firms, host Henry Tricks asks what is driving the crackdown. Can the Communist Party pull off an ambitious overhaul of the data economy without crippling it? And what could the West learn from watching the fallout?


With Don Weinland, The Economist’s China business and finance correspondent; Simon Cox, our China economics editor; Kendra Schaefer, head of tech at Trivium China; and Dr Keyu Jin of the London School of Economics.


Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at economist.com/moneytalks 

For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer



Hosted on Acast. See acast.com/privacy for more information.

Up next
Aug 22
Rule and divide: opposition grows in Syria
Less than nine months after Syria’s dictator Bashar al-Assad was toppled, the honeymoon is over. How is the new regime responding to rising dissent? Introducing Britain’s revolutionary retirees: why pensioners increasingly dominate political protest. And celebrating the life of o ... Show More
23m 38s
Aug 21
Stake and chips: will America take 10% of Intel?
Intel was once synonymous with chip-making, but in recent years it has fallen behind. Now the Trump administration may become its biggest shareholder. A political assassination in Colombia raises fears about a return to violence. And what an annual snail race tells us about rural ... Show More
21m 2s
Aug 20
Trouble in paradise: US plans for Pacific war
With China as its new rival, America is reviving old wartime facilities across the Pacific. Our correspondent visits an abandoned airfield that has been given new life. The outlook for climate technology is surprisingly bright. And why the universe of Hello Kitty keeps expanding. ... Show More
22m 34s
Recommended Episodes
Dec 2022
Money Talks: China reopens
China’s draconian zero-covid policies have required repeated and lengthy lockdowns, enormous make-shift quarantine facilities, and endless testing for the population. They have also done real damage to its economy. After rare outbreaks of protest against the policy in several cit ... Show More
35m 59s
Mar 2022
Money Talks: War of Interdependence
What impact will the war in Ukraine have on the world economy and globalisation? Will it reshape the existing economic order built over decades? Host Rachana Shanbhogue asks Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund. And how will geopoli ... Show More
31m 20s
Dec 2021
Money Talks: Omicronomics
China’s economy is slowing while America’s overheats, prompting Jerome Powell to suggest this week that the Fed could act faster than planned. As the Omicron variant triggers a fresh wave of travel restrictions, is the world economy caught between a rock and a hard place? Host Pa ... Show More
31m 3s
Feb 2022
Money Talks: Caged tiger
As China celebrates the lunar new year and the winter Olympics open in Beijing, host Mike Bird and Simon Cox, our China economics editor, size up the looming threats to economic growth. Against the mounting costs of a zero-tolerance approach to the pandemic and a sharp slowdown i ... Show More
38m 57s
May 2024
The Intelligence: Supercharging India’s economy
Narendra Modi’s reputation for prosperity is likely to propel him to a third term. But for India’s economic successes to last, the country needs a set of new reforms. Despite a host of sanctions from the West, Russia still has a booming arms industry. Where are all the weapons co ... Show More
20m 22s
Apr 2024
China's tech battle to control the future
Chinese President Xi Jinping's new slogan, "develop new productive forces," aims to bolster the expansion of high-tech sectors to drive economic growth. China already dominates the world of electric cars and controls more than 80 percent of the global solar panel manufacturing ma ... Show More
29m 19s
Aug 2023
Drum Tower: Hey, big spenders
The end of China’s zero-covid restrictions was meant to revitalise its economy. But the rebound has fizzled, resulting in weak growth and deflation. Chinese consumers are not spending—and that is a problem for policymakers. David Rennie, The Economist’s Beijing bureau chief, and ... Show More
32m 54s
Sep 2023
Drum Tower: Inside Fortress China
Panzhihua used to be a state secret. The steel-making city, buried deep in the mountains of Sichuan, formed part of Mao Zedong’s Third Front, a covert plan to move core industries inland in case America or the Soviet Union attacked. David Rennie, The Economist’s Beijing bureau ch ... Show More
42m 1s
Nov 2022
Is China’s economy in trouble?
Xi Jinping has begun an unprecedented third term as Chinese president, after securing his position at the Communist Party Congress. But key economic data was delayed until after the congress ended. It was lower than government targets, causing Chinese markets to fall. The Chinese ... Show More
23m 49s
May 2023
Drum Tower: Cash into their chips
 Unicorns are becoming a common sight in China. In 2022 there were more than 300 private firms valued at more than $1bn—more than double the number from just five years ago. Alice Su, The Economist’s senior China correspondent, and Don Weinland, our China business and finance edi ... Show More
29m 2s