About this episode
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 the podcast we speak with Zongyuan Zoe Liu, the Maurice R. Greenberg Fellow for China Studies at the Council on Foreign Relations and the author of the new book Sovereign Funds: How the Communist Party of China Finances Its Global Ambitions. She explains how the "four Ds" — demand, debt, demographics and decoupling — are acting as a persistent drag on the Chinese economy right now. We discuss possible policy responses and how China's war chest of financial assets plays into the government's strategy.
See omnystudio.com/listener for privacy information.
Get every episode summarized
Each time Odd Lots publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Odd Lots
Why Bridgewater's CIO Says AI's Human Extinction Risk Is Real
Odd Lots
The Rise of Organized Retail Crime at Big Box Stores
Odd Lots
Why Money Launderers Love $100 Bills
Odd Lots
Why Laser Beams Are the Hottest New Tech in Defense
Odd Lots