How Worried Should We Be About China’s Economy?

China’s recent announcement that full-year economic growth hit 6.9%, the lowest rate of growth in 25 years, intensified the debate around the state of the Chinese economy.

While there continue to be a number of bright spots in the economy like robust consumer demand, several traditional, export-oriented sectors of the Chinese economy have been hit hard.

In this podcast, Nick Leung talks to Jonathan Woetzel and Yougang Chen about the areas of China’s economy that are performing well, as well as those that aren’t. Jonathan and Yougang are Partners who lead the McKinsey Global Institute in China. Nick is Managing Partner of McKinsey’s Greater China Practice.

Image: Shawn Clover / flickr