Advertisement

Issues facing China's economy

30 years ago China was a mid-ranking emerging economy that posed no strategic threat to Europe or America. Today it’s the second-largest economy in the world and very much a military and economic rival to the West. But since the pandemic, China’s economy hasn't been firing on all cylinders. It is officially deflating and the central bank has to slash interest rates to stoke up demand. There are also fears of a property crash under a mountain of debt. Speaking to Joe on the issues facing China was Janet Mui from RBC Brewin Dolphin.

Share this article

05.40 16 Aug 2023


Issues facing China's economy



Share this article

05.40 16 Aug 2023


30 years ago China was a mid-ranking emerging economy that posed no strategic threat to Europe or America. Today it’s the second-largest economy in the world and very much a military and economic rival to the West.

But since the pandemic, China’s economy hasn't been firing on all cylinders. It is officially deflating and the central bank has to slash interest rates to stoke up demand. There are also fears of a property crash under a mountain of debt.

Speaking to Joe on the issues facing China was Janet Mui from RBC Brewin Dolphin.


Read more about

Breakfast Business

Related Episodes

Can Burnham’s ‘new path’ reviv...

00:17:57

Can Burnham’s ‘new path’ revive Labour?

The Pat Kenny Show

00:17:57


The sporting weekend with OTB’...

00:08:30

The sporting weekend with OTB’s John Duggan & Tommy Rooney

The Pat Kenny Show

00:08:30


US-Iran strikes: Is this anoth...

00:10:00

US-Iran strikes: Is this another forever war?

The Pat Kenny Show

00:10:00


Pat's Sunday Paper Review July...

00:16:45

Pat's Sunday Paper Review July 19th

The Pat Kenny Show

00:16:45