Economist Podcasts
Scandal in the wind: Adani’s indictment could hurt Modi
Nov 25, 2024
Jeremy Page, Asia diplomatic editor for The Economist, and Don Wineland, China business and finance editor, dive into high-stakes political and economic issues. They discuss the repercussions of bribery charges against Gautam Adani and how it could shake Narendra Modi's government. The duo also unpacks China's empty housing crisis, highlighting the massive overbuilding and the urgent need for policy reform. Additionally, they touch on the divisive influence of Jordan Peterson and his newfound cultural significance.
23:14
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Quick takeaways
- The political implications of bribery charges against Gautam Adani could significantly impact Prime Minister Narendra Modi's standing in India.
- China's extensive housing crisis, with millions of unsold homes, poses a severe challenge to the economy and local government revenues.
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