Drum Tower
Drum Tower: Xi’s doomed economic plan
Apr 9, 2024
The Economist's editor-in-chief, Zanny Minton Beddoes, discusses Xi Jinping's economic plan and China's relationship with America. They explore China's technological ambitions, lack of confidence among investors, and the challenges of a centralized decision-making system.
37:18
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Quick takeaways
- China is shifting towards high-end manufacturing for technological self-reliance and global competitiveness.
- Experts have doubts about the efficacy of Xi Jinping's economic plan, citing concerns about lack of confidence and missed opportunities.
Deep dives
US-China Relations in Geopolitical Focus
The podcast delves into the evolving dynamics of US-China relations, highlighting recent talks between President Xi Jinping and American business leaders to ease tensions. It questions whether this signals an improvement in bilateral relations and reflects on the past downward spiral in ties.
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