Share

cover art for China’s tropical free-trade experiment

Drum Tower

China’s tropical free-trade experiment

China wants to turn the island province of Hainan into the world’s largest free-trade port. Can the island overcome a history of booms and busts to succeed? 


Hosts:

  • Jeremy Page, co-host of “Drum Tower” 
  • Sarah Wu, co-host of “Drum Tower” 


Topics covered: 

  • Hainan Free Trade Port
  • China’s trade policy
  • Medical tourism in China


Transcripts of our podcasts are available via economist.com/podcasts.

Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+

For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.



More episodes

View all episodes

  • China’s balancing act in the Middle East

    31:04|
    China’s response to the war in Iran has been surprisingly muted. The Chinese government has condemned American aggression but failed to come to the aid of its long-time ally. What does China’s approach reveal about its priorities in the region? Hosts:Jeremy Page, co-host of “Drum Tower”Corbin Duncan, The Economist’s global correspondent Topics: Chinese foreign policy Chinese investment in the Middle East Chinese nationals in DubaiTranscripts of our podcasts are available via economist.com/podcasts.Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
  • China’s new inheritocracy

    35:47|
    China’s first generation of entrepreneurs are getting old. Just as the economy is slowing, a lucky few are set to inherit their vast fortunes. What does this mean for a Communist Party determined to achieve ‘common prosperity’? Hosts:Sarah Wu, co-host of “Drum Tower”Jiehao Chen, co-host of “Drum Tower” Topics: Chinese economy Inheritance tax Chinese entrepreneursTranscripts of our podcasts are available via economist.com/podcasts.Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
  • Why China is fascinated by American poverty

    32:16|
    The term “kill line” has gone viral in China. On social media it is used to describe the financial instability in the lives of many Americans. But does China’s obsession with the phrase reveal more about the country’s own anxieties?Hosts:Jiehao Chen, co-host of “Drum Tower” Simon Rabinovitch, Chaguan columnist and The Economist’s Beijing bureau chief Topics: Chinese property sector crisisPoverty in ChinaUS-China relations  Transcripts of our podcasts are available via economist.com/podcasts.Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
  • Why China is causing alarm in the Arctic

    31:13|
    In 2018 China claimed to be a “near-arctic state”. So why is it now downplaying its involvement in the region—and will its ambitions change?Hosts:Jeremy Page, co-host of “Drum Tower” Sarah Wu, co-host of “Drum Tower” Topics: Arctic policy of ChinaPolar silk roadGreenlandTranscripts of our podcasts are available via economist.com/podcasts.Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
  • China’s DeepSeek year

    33:35|
    In January 2025, a little-known Chinese firm stunned the world. A year later, we examine DeepSeek’s influence on the AI industry at home and abroad. When the startup releases its new model this month, what will the impact be?Hosts & Guests: Sarah Wu, co-host of “Drum Tower” Alex Hern, The Economist’s AI writer Topics: DeepSeekChinese AI industry Large language models  Transcripts of our podcasts are available via economist.com/podcasts.Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
  • Why China is promoting skills over degrees

    26:59|
    China has too many graduates and not enough jobs for them. The government is pushing vocational training as the solution, but will it work? Hosts: Sarah Wu, co-host of “Drum Tower”Simon Cox, The Economist’s China economics editor Topics covered: Vocational education in ChinaGraduate unemployment in ChinaChina’s economyTranscripts of our podcasts are available via economist.com/podcasts.Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
  • Strait-talking: the Taiwanese politician who wants to meet Xi Jinping

    38:11|
    As China ramps up military drills around Taiwan and American support for the island appears to be wavering, Taiwan’s opposition leader is arguing for closer ties with the mainland. Cheng Li-wun sits down with Drum Tower to explain why. Hosts: Jeremy Page, The Economist’s China chief correspondent and Sarah Wu, our China correspondent.Guest: Cheng Li-wun, chair of the Kuomintang (KMT), Taiwan's largest opposition party.Transcripts of our podcasts are available via economist.com/podcasts.Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
  • Go-ing nowhere: the bust-up dividing East Asia

    36:17|
    Go, one of the world’s oldest board games, is played across China, Japan, and Korea. But a dramatic row over the rules is inflaming age-old tensions between the three countries.Hosts: Jiehao Chen, our China researcher and Jeremy Page, The Economist’s chief China correspondentTranscripts of our podcasts are available via economist.com/podcasts.Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.