logo
episode-header-image
Aug 2023
16m 58s

China Slips Into Deflation

The Wall Street Journal
About this episode

A.M. Edition for Aug. 9. In a warning sign for the global economy, consumer prices in China have begun to fall for the first time in two years. WSJ Beijing bureau chief Jonathan Cheng explains what that signals about the country’s economic growth engine, especially as the U.S. prepares to ban investments into critical technologies. Plus, a win for abortion-rights supporters in Ohio. And WeWork warns its survival is in doubt. Luke Vargas hosts.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Yesterday
How the Rising Cost of College Is Changing Families’ Calculus
Rounding out our week looking at the finances of parenting, we’re looking at one of the biggest costs families can face: college. About 18 million students enrolled in post-secondary education this spring. That’s up from last year. And so is the price of tuition. Sandra Kilhof sp ... Show More
13m 28s
Aug 23
What’s News in Markets: Home Depot Rallies, Target Misses, Meta Pauses
How did Home Depot bounce back in spite of a mixed bag of a quarterly report? And what caused a leadership shakeup at Target? Plus, why is Meta pausing hiring in its AI division? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Si ... Show More
5m 43s
Aug 22
DOJ Releases Ghislaine Maxwell Interview Transcript
P.M. Edition for Aug. 22. The Justice Department has released interview transcripts of Jeffrey Epstein associate Ghislaine Maxwell. And U.S. stocks surged after Fed Chair Jerome Powell signaled rate cuts are coming. WSJ’s chief economic correspondent Nick Timiraos discusses if Po ... Show More
14m 17s
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
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
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
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
Jun 2023
Inside the U.S.-China Tech War
Over the last few years, the United States has moved to limit China’s technological rise. U.S.-led sanctions have imposed unprecedented limits on Beijing’s access to advanced computing chips. In response, China has accelerated its own efforts to develop its technological industry ... Show More
43m 10s
Oct 2022
Did China miss its chance to fix its economy?
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 C ... Show More
16m 41s
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
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
May 2024
China’s Fortunes
How the Chinese economic downturn is affecting all kinds of people. How real estate meltdown, with enough unfinished empty apartments to fill the population of Germany, is at the center of it all. How tech entrepreneurs are mysteriously disappearing, and how college graduates don ... Show More
38m 6s