18min chapter

Supply Shock cover image

China's Old Economic Model Is Dying | Leland Miller

Supply Shock

CHAPTER

China's Economic Growth: Expectations vs Reality

The chapter explores the expectations and reality of China's economic growth, discussing factors like the COVID-19 pandemic, lack of consumer stimulus, and deflation of the property bubble. It examines the differences between the US consumer demand-based economy and China's non-commercial financial system, highlighting the constant bailout of inefficient entities in China's model. Additionally, it delves into Xi Jinping's priorities, such as tackling wealth inequality and redefining the social compact.

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