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Last week, China announced its economy grew 6.2 percent between April and June — the slowest pace in China since the beginning of modern quarterly record-keeping in 1992, according to the New York Times. What is causing this slowdown, and what does it mean for the future? AEI’s Derek Scissors joined us to explain. We also discuss his new report on China’s global investments, what’s going on with the US-China trade war, and how the US should view China’s Belt and Road Initiative.
Derek M. Scissors is a resident scholar at AEI, where he focuses on the Chinese and Indian economies and on US economic relations with Asia. He is concurrently chief economist of the China Beige Book and an avid fan of Michigan football.
Related reading:
China’s global business footprint shrinks
The China Global Investment Tracker
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Really wonderful and interesting podcast
Enjoyed the interview. I do think the Chinese will rue the day that they let Xi break the transfer of power method they had set up. That has always been a weakness of communist/socialist/totalitarian regimes and the Chinese thought they had solved it. Not anymore and it will bite them in the future.
Great podcast. Derek lays out why I think America will ultimately be successful in fending off China.
Someone get Derek M. Scissors in the Trump administration stat!