China In Context
China In Context is a fortnightly podcast by the SOAS China Institute (School of Oriental and African Studies, University of London) which offers expert analysis on the politics, economy, society, culture and history of China, Hong Kong, Macau and Taiwan. It features interviews with leading academics, researchers, journalists and other China-specialists from around the world.
China In Context
China's Economic Plans — and Consumer Challenges
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China’s legislature is meeting in March to approve the nation’s new Five Year Plan, which aims to promote higher quality growth, and make China increasingly self-sufficient in new technology of all kinds, from AI to semiconductors. Yet it comes against a backdrop of uncertainty and tariff wars abroad, and high youth unemployment and a slumping property market at home. Xi Jinping has pinned his hopes on boosting domestic consumption and has pledged to promote the private economy, which he had previously hit with a major regulatory crackdown. But will this be enough to stimulate the kind of economic revival the government is hoping for? Andy Rothman, founder of the consultancy Sinology LLC, former China-based analyst and diplomat, and now senior advisor to the DGA Albright Stonebridge Group and senior China fellow at the Asia Society Northern California, discusses China’s economic prospects — and the challenges for consumer confidence and private enterprise.
Photo credit: Yu Ko / Unsplash
For information about the SOAS China Institute Corporate Membership scheme, please contact SCI director Steve Tsang: steve.tsang@soas.ac.uk
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The views and opinions expressed on this podcast are those of the speakers and are not necessarily those of the SOAS China Institute.
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SOAS China Institute (SCI)
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Music credit: Sappheiros / CC BY 3.0
