China's leaders have revealed that they are worried about a number of threats to economic growth, some of them quite serious. Premier Li Keqiang adopted a downbeat tone in a recent speech, expressing his concern at a "complex and grim domestic and international environment" and acknowledging "new downward pressure on the economy". A key concern is a sharp slowdown in the property sector. There are also ongoing costs associated with the pandemic, as China takes a zero-tolerance approach to Covid-19. In this podcast, Tommy Wu from Oxford Economics in Hong Kong offers his expert analysis on the risks facing China. The podcast is hosted by Duncan Bartlett, Editor of Asian Affairs magazine.
China In Context: Episode 54
Broadcast date: 1st March, 2022