China’s problems with faltering growth and rising debt

One of the loudest messages from the Chinese Communist Party is that it has delivered wealth to citizens by creating an environment in which the economy grows and thrives. However, as a result of the zero-Covid policy and other factors, the economy has hit the buffers. Gross domestic product rose just 0.4% year-on-year in the second quarter of 2022 missing expectations and suggesting a recession could be on the way in parts of China such as Hong Kong and Shanghai. In this podcast, Paul Hodges...