
Sign up to save your podcasts
Or
Chinese economic growth is faltering. The biggest drag on the economy is the tanking property market, with prices falling and developers defaulting. Domestic demand is dropping as nervous consumers opt to save rather than spend. That’s bad news too for the vital manufacturing sector. Add double-digit youth unemployment and the problems are piling up for president Xi Jinping.
Beijing correspondent Denis Staunton explains how, after decades of massive growth, China has slowed down and explores what it means for the rest of the world. Presented by Bernice Harrison. Produced by Declan Conlon.
Hosted on Acast. See acast.com/privacy for more information.
4.5
2626 ratings
Chinese economic growth is faltering. The biggest drag on the economy is the tanking property market, with prices falling and developers defaulting. Domestic demand is dropping as nervous consumers opt to save rather than spend. That’s bad news too for the vital manufacturing sector. Add double-digit youth unemployment and the problems are piling up for president Xi Jinping.
Beijing correspondent Denis Staunton explains how, after decades of massive growth, China has slowed down and explores what it means for the rest of the world. Presented by Bernice Harrison. Produced by Declan Conlon.
Hosted on Acast. See acast.com/privacy for more information.
194 Listeners
64 Listeners
49 Listeners
140 Listeners
16 Listeners
40 Listeners
126 Listeners
12 Listeners
365 Listeners
76 Listeners
39 Listeners
227 Listeners
42 Listeners
118 Listeners
39 Listeners
11 Listeners
31 Listeners
0 Listeners
8 Listeners
0 Listeners