Why housing matters to the economy

In this episode of Pekingology, CSIS Senior Fellow Henrietta Levin is joined by Dinny McMahon, Head of China Markets Research at Trivium China, and Andrew Polk, Co-Founder and Head of Economic Research at Trivium China. Dinny and Andrew discuss their new Freeman Chair report, China’s Economic Transition: Debt, Demography, Deglobalization, and Scenarios for 2035. The conversation unpacks the structural challenges facing China’s economy, why the next decade will be decisive in whether China can escape the middle-income trap, and who really matters when it comes to economic policy-making in Beijing.