Ep 16 - Trivium Markets - Decoding China’s 2025 economic playbook + Joining the Sinica Podcast Network

The wait is over: China’s annual policy extravaganza, the Two Sessions, kicked off in Beijing on March 4.

In our latest podcast, Trivium Co-founder Andrew Polk and Dinny McMahon, head of markets research, unpack the key economic targets in Premier Li Qiang’s Government Work Report.

• Given the economic headwinds – sluggish consumer demand, deflationary pressures, ongoing property sector woes, and an escalating trade war with the US – the stakes are high for getting the policy settings right.

The gents kick things off by analyzing the implications of the 2025 GDP, inflation, and budget deficit targets for China’s economic prospects.

• They then dig into the spending and borrowing targets for the year ahead.

Spoiler alert: There are some big numbers, but there’s less here than meets the eye.

Finally, they wrap up with a quick discussion of China’s rapid-fire response to the second round of Trump tariffs.

And this BIG: With this podcast episode, we are officially joining the Sinica Podcast Network. 

• Following Dinny and Andrew's conversation, stay tuned for a follow up conversation between Trivium China Co-founders Andrew Polk and Trey McArver, and the man behind Sinica, Kaiser Kuo.
• It's a great discussion, and we're all excited about the new pod partnership!