Log in

goodpods headphones icon

To access all our features

Open the Goodpods app
Close icon
Economist Podcasts - Drum Tower: Hey, big spenders

Drum Tower: Hey, big spenders

Economist Podcasts

08/29/23 • 32 min

plus icon
bookmark
Share icon

The end of China’s zero-covid restrictions was meant to revitalise its economy. But the rebound has fizzled, resulting in weak growth and deflation. Chinese consumers are not spending—and that is a problem for policymakers.


David Rennie, The Economist’s Beijing bureau chief, and Don Weinland, our China business and finance editor, examine what lies behind the dip in consumer confidence. David speaks to furniture sellers in Foshan, in Guangdong province, about the end of zero-covid and about China’s troubled housing market. He and Don ponder whether the Chinese government can get people to spend again, and what China’s economic troubles mean for the rest of the world.


Sign up to our weekly newsletter here and for full access to print, digital and audio editions, as well as exclusive live events, subscribe to The Economist at economist.com/drumoffer.



Hosted on Acast. See acast.com/privacy for more information.

08/29/23 • 32 min

2 Listeners

plus icon
bookmark
Share icon

Generate a badge

Get a badge for your website that links back to this episode

Select type & size
Open dropdown icon
share badge image

<a href="https://goodpods.com/podcasts/economist-podcasts-192/drum-tower-hey-big-spenders-32843922"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to drum tower: hey, big spenders on goodpods" style="width: 225px" /> </a>

Copy