China’s Economic Challenges

China has become a superpower through its extraordinary economic growth over four decades. It has developed a model of ’state capitalism’ which has combined the strengths of both state ownership and control alongside capitalism in much of the economy. It  now faces serious  challenges: demographic ageing; an over reliance on investment; a big stock of corporate debt; resistance to further market reform. I discuss these challenges with George Magnus who is one of the leading economic and financial commentators on China and with Linda Yueh, a scholar who has written extensively on the Chinese economy. Interested in learning more? Vince’s new book ‘The Chinese Conundrum: Engagement or Conflict’ is available to buy online or from your local bookstore. Amazon, Bloomsbury, Waterstones, WHSmiths. To find out more about Vince, go to www.vincecable.org Follow him on Twitter: @vincecable Produced by Podcast.co