China’s economy is in trouble. The past few years have seen a crisis in the property sector and strict pandemic lockdowns. Demand is weak. Meanwhile, China’s factories are no longer humming at capacity, and the latest tariff spat with America will only add to the problem. All this is showing up in falling prices. The fear now is that these persistent pressures could turn into a deflationary spiral. So in the face of all these challenges, what will it take to turn around the Chinese economy?
Hosts: Ethan Wu and Mike Bird. Guests: The Economist’s Simon Cox; Richard Koo, chief economist of the Nomura Research Institute; and Jing Liu, chief economist for Greater China at HSBC.
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