Daisuke Wakabayashi

Daisuke Wakabayashi, an Asia business correspondent for The New York Times, delves into the unexpected stagnation of China's economy after the lifting of lockdowns. He discusses alarming signs of slowdown, including diminishing foreign direct investment and rising youth unemployment. The podcast highlights the real estate market's struggles, with vacant properties symbolizing deeper economic issues. Wakabayashi also addresses the shifting perceptions of foreign companies regarding investment in China, amid escalating geopolitical tensions.