Live from Chicago: Decoding China — China’s economic miracle interrupted?
This week on Sinica, a live recording from October 10 in Chicago, Kaiser asks Chang-Tai Hsieh of the Booth School of Business at the University of Chicago, Damien Ma of the Paulson Institute’s think tank MacroPolo, and our own Lizzi Lee, host of The Signal with Lizzi Lee, to right-size the peril that the Chinese economy now faces from slow consumer demand, high youth unemployment, a troubled real estate sector, and high levels of local government debt. This event was co-sponsored by the University of Chicago’s Becker-Friedman Institute, the Paulson Institute, and The China Project. 06:32 – What is the current state of the Chinese economy? 11:14 – The origins of China’s crisis in comparison to crises from 1990 in Japan and 2008 in the U.S. 14:25 – Real estate sector’s role in the crisis and possible solutions 22:51 – The significance of able management during times of crisis. Is this a crisis of confidence or expectations? 29:34 – The question of the general direction of the Chinese economy 43:33 – What does an actual debt crisis look like in China? 48:00 – The right U.S. policy towards China in light of current affairs The complete transcript of the show is now in the main podcast page for the episode! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.