Bloomberg Businessweek
China Still Not Collapsing
Sep 5, 2023
Leland Miller, CEO of China Beige Book International, discusses China's economy and its impact on global growth. Dana Simberkoff explains cybersecurity challenges in AI era. Richard Edelman shares findings from Trust at Work report. Abhay Deshpande discusses potential catalysts for economic slowdown.
35:52
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Quick takeaways
- China may experience a structural slowdown and should focus on the right economic policies rather than merely trying to surpass the US in GDP growth.
- There is an increasing trend towards bifurcating operations to reduce dependence on China for supply chains while still catering to Chinese consumers.
Deep dives
Potential Economic Slowdown in China
The podcast episode discusses the potential economic slowdown and liquidity crunch in China, which could impact global economic growth. While the US economy has shown resilience, China's growth trajectory has not met economists' expectations. According to Leland Miller, CEO at China Beige Book International, China may experience a structural slowdown and should focus on the right economic policies rather than merely trying to surpass the US in GDP growth. The podcast highlights the importance of understanding China's economic model and the potential implications for investors and businesses operating in or with China.
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