In September China's second largest real-estate developer, Evergrande, missed an $83.5 million debt payment. Skeptics and bears on China have long said that its property market, which makes up some 30 percent of GDP, is over-leveraged and overheated. The recent news has people asking...are the bears right, and could this be China's Lehman Moment.
On this ep ... Show More
Jan 22
Can We Build a Middle Class Without Factories? - ft. Dani Rodrik
Is the era of manufacturing-led growth officially over? For decades, the path to a stable middle class was paved through industrialization, but today, even manufacturing giants like China are losing millions of factory jobs to automation.In this episode, Bethany McLean and Luigi ... Show More
41m 36s
Sep 2021
Evergrande and China's property woes
China's second largest property developer, Evergrande, is at risk of financial collapse, saddled with billions of dollars of debt. It's already defaulted on some bond repayments and has been forced to sell off assets; both Chinese and international investors are worried and Beiji ... Show More
17m 28s
Aug 2022
China's economic challenge
China, the so-called engine of global growth, seems to be stalling badly right now. The country is facing rising unemployment, falling factory output and a collapsing property market. Plus, a growing number of regular Chinese citizens are complaining that the country's tough anti ... Show More
18m 3s
Oct 2022
Can China’s GDP data be trusted?
This week, China released its third quarter GDP figure. At 3.9%, its rate of economic growth is better than many analysts expected, but still significantly short of the 5.5% target the Chinese government had set itself. There was an unprecedented delay in releasing this particula ... Show More
8m 58s
Oct 2023
The World According to China with Elizabeth Economy | Uncommon Knowledge | Peter Robinson | Hoover Institution
<p>Elizabeth Economy did her undergraduate work at Swarthmore, earned a master’s at Stanford, and holds a doctorate from the University of Michigan. She served at the Council on Foreign Relations and the World Economic Forum before coming to the Hoover Institution in 2020. Dr. Ec ... Show More
49m 7s