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

Ireland set for one of the hot...

00:07:37

Ireland set for one of the hottest days on record today!

Newstalk Breakfast

00:07:37


The Science of Wearables

00:13:35

The Science of Wearables

Show Me The Science With Luke O'Neill

00:13:35


How to deal with the scourge o...

00:05:59

How to deal with the scourge of illegal parking?

Newstalk Breakfast

00:05:59


Did You See?

00:07:31

Did You See?

Newstalk Breakfast

00:07:31