How will shifts in China's economic policies affect global commerce? The nation is the world's second-biggest economy and it's been the centre of globalised manufacturing for over three decades. But after a global pandemic, an energy crisis and now war in Ukraine, is this going to change? Already, President Xi Jinping has plans to move away from the reliance on global trade towards expanding domestic consumption, alongside targets for encouraging innovation in technology and artificial intelligence. Will recent economic sanctions on Russia due to geopolitics make China retreat more from global trade? What will this mean for us and for the rest of the world? Evan Davis and guests discuss Guests: Hong Bo, professor of financial economics, School of Finance & Management, SOAS University of London Mike Collier, director, China UKTC consultancy Xiaolan Fu, professor of technology and international development: and director, Technology and Management Centre for Development (TMCD), Oxford University Producer: Julie Ball Production Coordinators: Sophie Hill and Siobhan Reed Sound: Nigel Appleton Editor: Hugh Levinson
This programme was produced in partnership with the Open University