Navigating China's Economic Shift: Emphasizing Service Consumption for Growth

In this podcast, featuring a final interview with Chief China Economist Haibin Zhu, he shares invaluable lessons learned and offers insights into China’s outlook within the evolving global landscape. He notes the significant progress of the "Made in China 2025" initiative, which has propelled China from a follower to a leader across sectors. Haibin explores the strategic competition between the US and China and addresses China's economic growth trends, the housing market crackdown, and the three-arrow approach to economic challenges. Haibin also discusses the cautious approach to capital account liberalization amidst US-China strategic competition

Speakers: 
Joyce Chang, Chair of Global Research 
Haibin Zhu, Chief China Economist and Head of Greater China Economic Research

This episode was recorded on July 29, 2025

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