5min chapter

Dollar & Sense: The Brookings Trade Podcast cover image

China’s uncertain economic outlook for 2023

Dollar & Sense: The Brookings Trade Podcast

CHAPTER

The Importance of Private Investment in China

David Wheeler: China needs serious tax reform to collect a fair amount of resources from this booming economy. He says the government is putting more favor on public enterprises, public investment rather than private investment. But then we see something of a charm offensive coming from senior officials including Xi Jinping talking about the importance of the private sector and small and medium enterprises," he adds. "We don't inspire confidence in the private sector so we'll have to see whether there will be enough in terms of actions"

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode