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Joe Leahy
China bureau chief for the Financial Times, providing expert analysis on the Chinese economy.
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Nov 20, 2024
• 17min
China’s economy braces for Trump
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Joe Leahy, the China bureau chief for the Financial Times, sheds light on the current struggles of the Chinese economy, marked by a potential deflationary spiral. He delves into the impacts of Donald Trump's election on China's growth ambitions, as well as the government's response through new stimulus measures. The discussion also covers the pivotal role of local governments in economic revival and the challenges posed by diminished consumer confidence amidst a real estate crisis. Leahy emphasizes China's need to balance global competition with domestic priorities.
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