How Worried Should We Be About China’s Economy?

02/03/16 • -1 min

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

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.

Image: Shawn Clover / flickr

Previous Episode

What’s in Store for China in 2016?

2015 has been an eventful year for China. The economy cooled. The stock market took a hit. But what’s in store for China in 2016?

In this podcast, Nick Leung talks with Gordon Orr about his annual predictions for China in the new year. They’re joined by Joe Ngai and David Cogman.

Gordon is formerly a Senior Partner of McKinsey and is now a Board member of Lenovo and the Swire Group. Joe is a Senior Partner who leads the Financial Institutions practice in China. David is a Partner who leads the Corporate Finance Practice in Asia. Nick is Managing Partner of McKinsey’s Greater China Practice.

Thanks to all of our listeners for helping us reach 1 million downloads of McKinsey on China!

Image credit: Ross Pollack / flickr

Next Episode

Is Private Equity the Silver Lining in the Chinese Economy?

While the prevailing sentiment around the state of the Chinese economy has been pretty downbeat lately, some private equity investors are taking a more positive view of the situation.

In this podcast, Nick Leung speaks with Bruno Roy, David Cogman, and Wendy Liu about where pockets of opportunity can be found in China today, and the role that private equity is playing in identifying deals.

Bruno and David are Partners who lead McKinsey’s Private Equity Practice in China. Wendy is a Consultant who specializes in Private Equity. Nick is Managing Partner of McKinsey’s Greater China Practice.

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