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The China in Africa Podcast
[GLOBAL SOUTH] Michael Pettis Explains How China's Changing Economy Will Impact the World
Oct 10, 2023
Guest Michael Pettis, a Senior Fellow at the Carnegie Endowment for International Peace, discusses the impact of China's changing economy on the Global South. Topics include China's weakened economy post-pandemic, the property crisis, and the effect on local government finances. Pettis also explores China's economic policies, high savings, and the role of the RMB in the global economy. The podcast touches on manufacturing trends, interdependency with the US, biases on social media, and the launch of the China Global South project.
01:11:25
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Quick takeaways
- China's involvement in the Middle East and its relationship with Iran could be affected by its handling of the Israeli-Palestinian conflict, impacting its reputation in the region.
- Kenyan President William Ruto's visit to China for debt rescheduling and new loans may be uncertain due to Kenya's debt distress, Ruto's lack of China experience, and China's own debt issues.
Deep dives
China's Role in the Middle East Conflict
China's increasingly ambitious diplomatic agenda in the Middle East and close ties with Iran are at stake amidst the Israeli-Palestinian conflict. China's handling of the situation could impact its reputation in the region, particularly with Israel and Saudi Arabia. China's involvement and influence in the Middle East are being closely watched as it navigates its relationship with Iran and the region's complex dynamics.
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Discover
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