Macro Musings with David Beckworth

Martin Chorzempa on China’s Cashless Revolution and the Rise of Super Apps

Jan 2, 2023

59:29

Creator website

Episode guests

Martin Chorzempa

Highlights

AI Chapters

Episode notes

The Central Bank Governor Supported by Premier Wen

01:41

Is China's Zero COVID Policy Going to Change?

02:07

Jack Ma and Pony Ma in 10 Cents

03:38

The Social Credit System in China

04:27

Introduction

3min

What Was It Like Learning Mandarin?

3min

How Do You Know What You're Getting From Your Sources?

2min

Is There a Conspiracy Theory in China?

2min

What's So Fascinating About Alibaba?

4min

The Financial System of China

4min

Jack Ma's Money Market

3min

The Central Bank Governor Supported by Premier Wen

2min

Reformers Don't Always Win

2min

10.

Xi Jinping - The New Leader in China?

3min

11.

Jack Ma and Pony Ma in 10 Cents

4min

12.

How to Build a Super App

2min

13.

Is There a Good Real Time Payment System?

2min

14.

Mark Zuckerberg's Libra Stable Coin for Facebook

2min

15.

The Efficient Frontier of the Payment System

5min

16.

What's Your Welling Inside of This?

4min

17.

COVID Lockdown in China

3min

18.

The Social Credit System in China

4min

19.

Is China's Zero COVID Policy Going to Change?

2min

20.

Do You Think Xi Jinping's Zero COVID Rule Will Change the World?

5min

Martin Chorzempa is a senior fellow with the Peterson Institute for International Economics and is the author of a new book titled, *The Cashless Revolution: China’s Reinvention of Money and the End of America’s Domination of Finance and Technology.* Martin joins Macro Musings to talk about this book as well as the history of Chinese fintech development, the basics of super apps in China, challenges to the Chinese fintech revolution, and more.

Transcript for the episode can be found here.

Martin’s PIIE profile

Martin’s Twitter: @ChorzempaMartin

David’s Twitter: @DavidBeckworth

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