Economist Podcasts The Intelligence: Faith-based reeling
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Feb 20, 2024 
Rachana Shambhog, The Economist's business affairs editor, discusses China's faltering economy and shrinking investor confidence amid regulatory upheaval. Epiphany Nodjukua Johnrang, a slam poet from Chad, uses her artistry to confront social injustices and empower women in a patriarchal society. They explore the decline of multi-talented athletes in sports, contrasting it with the rise of slam poetry as a powerful voice for change in Africa. Together, they highlight resilience in both finance and the arts.
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China Market Downturn
- Chinese markets experienced a significant downturn, losing $1.5 trillion in January alone.
- This contrasts sharply with the American S&P 500, which reached record highs.
Unpredictable Policymaking
- Chinese policymaking has become more unpredictable, impacting investor confidence.
- The tech crackdown, mismanagement of the zero-COVID exit, and the property crisis all contributed to this downturn.
Foreign Investors Seek Alternatives
- Foreign investors are losing interest in China due to geopolitical concerns and unpredictable policies.
- They are seeking alternative investment destinations like India and Japan.