This week on The Fin podcast, before heading home after more than six years based in Shanghai and then Tokyo, Michael Smith talks about the changes in China over that time, what its slowing economy means for Australian prosperity and Japan's new role on the world stage. 

This podcast is sponsored by ANZ
Listen to 5-in-5 with ANZ on Spotify here
Listen to 5-in-5 with ANZ on Apple here 

Further reading:

• In six and a half years I witnessed a dark pivot in China
  When I first landed in Shanghai on a freezing winter’s night in January 2018, China felt like a place bursting with optimism and opportunity.
• Japan is finally waking up from its lost decades. Can it last?
  The country is doing defence deals and its economy is powering up. But it has a fight on its hands to keep the momentum going given its structural challenges.
• The data that reveals the truth about Australia’s China ties
  Although Australia’s relations with China have warmed, key metrics show economic ties are at their lowest levels in more than five years and are unlikely to bounce back.

See omnystudio.com/listener for privacy information.