logo
episode-header-image
Oct 2022
16m 41s

Did China miss its chance to fix its eco...

Financial Times
About this episode

The spotlight is on China as the Communist party’s 20th National Congress takes place this week. At a critical moment when President Xi Jinping prepares to stay on for an unprecedented third term as leader, there’s an important problem: China’s economy is slowing down. The FT’s China correspondent Edward White explains why this has happened and whether or not it's too late for Xi to make the changes necessary to put the country on a path to strong growth again.   


Clip from the South China Morning Post 


- - - - - - - - - - - - - - - - - - - - - - - - - - 


For further reading:

Xi Jinping’s last chance to revive the Chinese economy

China’s property crash: ‘a slow-motion financial crisis’

China growth to fall behind rest of Asia for first time since 1990

China delays key GDP data in middle of Communist party congress 


- - - - - - - - - - - - - - - - - - - - - - - - - - 


On Twitter, follow Edward White (@edwardwhitenz) and Michela Tindera (@mtindera07)


Read a transcript of this episode on FT.com



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

Up next
Aug 20
Palantir’s relentless rise
Palantir shares have soared this year, making the data analytics company one of the most valuable listed US tech groups. The FT’s Tabby Kinder explains how a paradigm shift in Silicon Valley helped propel Palantir to new heights and why many think it will be among the biggest win ... Show More
23m 29s
Aug 19
Why Big Tobacco is buzzing over nicotine pouches
This is a revised version of an earlier episode and clarifies the position of Zyn in the US market.As the popularity of cigarettes has slid in the past couple decades, Big Tobacco has been searching for a new hit product. Now, they think they’ve found it: nicotine pouches. FT rep ... Show More
20m 58s
Aug 6
Can Bobby Jain build the next hedge fund giant?
Two summers ago, hedge fund manager Bobby Jain set out with a huge goal: build a hedge fund that can rival the likes of industry giants Citadel and Millennium. But in the year since his firm started trading, Jain has found the going tough. FT hedge fund correspondents Amelia Poll ... Show More
22m 14s
Recommended Episodes
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
Aug 2023
Xi Jinping’s Economic Plan: Let China Struggle
China’s economic slowdown is catching the attention of countries around the world as they brace for a possible hit to their own economies. Bloomberg’s Rebecca Choong Wilkins and Tom Hancock discuss why President Xi Jinping is avoiding a big stimulus package and instead allowing C ... Show More
28m 27s
Aug 2023
The Four Big Structural Forces Holding Back China's Economy
The Chinese economy is in a slump. Industrial production is down. Retail sales are down. The property industry continues to struggle. The People's Bank of China just did a surprise rate cut. So what's driving the decline and what can the government do about it? On this episode of ... Show More
45m 4s
Jan 2023
The World Ahead 2023: China's challenges
As president Xi Jinping begins his third five-year term, China’s path forward is uncertain. Covid-19 is tearing through the country after it relaxed its strict “zero-covid” policies. China also faces slowing economic growth and rising geopolitical tensions with America. Are China ... Show More
26m 31s
Jul 2023
China’s Economic Rebound Hits a Wall
When China suddenly dismantled its lockdowns and other Covid precautions last December, officials in Beijing and many investors expected the economy to spring back to life. It hasn’t worked out that way.Daisuke Wakabayashi, an Asia business correspondent for The Times, explains w ... Show More
22m 59s
Jul 2023
Will Slower Growth Diminish Xi’s Chinese Dream?
A.M. Edition for July 21. The first in our four-part series on China: “The State of Xi’s Chinese Dream.” The Wall Street Journal’s China bureau chief Jonathan Cheng and reporter Stella Yifan Xie discuss what the recent economic downturn in China means for leader Xi Jinping’s stra ... Show More
17m 45s
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
Sep 2023
President Xi skips G20, China broadens iPhone ban
China’s president Xi Jinping won’t be at this weekend’s G20 summit in India. Could his absence be due to geopolitical tensions or economic troubles at home? We’ll check in with Marketplace’s China correspondent Jennifer Pak. Plus, Apple feels the fallout from further iPhone bans ... Show More
7m 59s
Sep 2023
China's boom changed the world. Now, it faces a slump
As Canada deals with high inflation and a housing shortage, the world’s second-largest economy is grappling with a nearly opposite reality. China has been booming for over 40 years as Beijing invested heavily to build up the country. But now, demand for housing is sinking amid ov ... Show More
22m 15s
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