logo
episode-header-image
Aug 2023
9m 10s

China’s economy falls into deflation

Financial Times
About this episode

Walt Disney reported quarterly results that showed declines at its television and movie businesses, China’s economy has fallen into deflation, and President Joe Biden is banning US tech investment in China. Plus, the FT’s Owen Walker explains why more and more countries in Europe are instituting windfall taxes on banks. 


Mentioned in this podcast:

Disney shares jump after streaming losses narrow

Chinese economy falls into deflation as recovery stumbles

White House unveils ban on US investment in Chinese tech sectors 

Italy joins wave of windfall taxes on banks across Europe

Google and Universal Music negotiate deal over AI ‘deepfakes’


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com 



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

Up next
Today
Jerome Powell triggers market bets on a September rate cut
Jay Powell signalled a monetary policy shift during a high-profile Jackson Hole speech last week, and European investors are pouring money into new air defence technology. Plus, Spanish bank Santander is seeking to become a big player in Wall Street’s Spac market. Mentioned in th ... Show More
11m 49s
Aug 22
The return of ‘pump and dump’ stock scams
EU officials are accelerating plans for a digital euro, and the US Department of Justice has called for Federal Reserve governor Lisa Cook to be removed from her post. Plus, investors lost billions of dollars in July in what could be pump and dump stock scams. Mentioned in this p ... Show More
11m 4s
Aug 21
Can Target get its ‘swagger’ back?
Chinese regulators are pushing back against US AI chips, Target shares fell more than 6 per cent after the retail group picked an insider to be its new chief executive, and UK inflation accelerated more than expected to 3.8 per cent in July. Plus, China is making a big push for v ... Show More
11m 36s
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
Sep 2023
China's weakening economy in two Indicators
In China, data on the economy is sometimes difficult to come by. The Chinese government has put a pause on releasing some of its official economic data. But many of the stories emerging from the country paint a clear picture: the second largest economy in the world is struggling. ... Show More
18m 32s
Jan 2023
Money Talks: How globalisation gave way
America has changed the way it views the rest of the world. Rather than pushing for a more globalised economy with fewer trade barriers, the US is now seeking a more protected system of international trade. President Biden’s Inflation Reduction Act promises nearly $400bn to boost ... Show More
41m 12s
Jan 2023
Money Talks: How globalisation gave way
America has changed the way it views the rest of the world. Rather than pushing for a more globalised economy with fewer trade barriers, the US is now seeking a more protected system of international trade. President Biden’s Inflation Reduction Act promises nearly $400bn to boost ... Show More
41m 12s
Aug 2023
Money Talks: Is America’s China policy working?
When is economic decoupling not economic decoupling? When it drives your allies to tighter commercial links with your adversary. That’s the situation the US finds itself in today, when it comes to its policies directed against China. Since the Trump administration put tariffs on ... Show More
43m 49s
Aug 2023
Money Talks: Is America’s China policy working?
When is economic decoupling not economic decoupling? When it drives your allies to tighter commercial links with your adversary. That’s the situation the US finds itself in today, when it comes to its policies directed against China. Since the Trump administration put tariffs on ... Show More
43m 49s
Mar 2021
Money Talks: Over the great wall
Against the backdrop of sanctions and retaliations, China's capital markets are increasingly interwoven with global finance—what will this mean for foreign investors? Plus, will President Joe Biden’s fiscal stimulus trigger a dreaded return to high inflation—with global consequen ... Show More
26m 46s
Mar 2021
Money Talks: Over the great wall
Against the backdrop of sanctions and retaliations, China's capital markets are increasingly interwoven with global finance—what will this mean for foreign investors? Plus, will President Joe Biden’s fiscal stimulus trigger a dreaded return to high inflation—with global consequen ... Show More
26m 46s
May 2023
China’s next generation
Gideon talks to economist Keyu Jin about China’s goal of becoming the world’s biggest economy despite a falling population, the impact of the deterioration in US-China relations, and the way in which the aspirations of its younger generation are shaping policy in Beijing. The pod ... Show More
29m 54s