Featured interview: Financial expert Michael Pettis

What this episode covers

China's economic troubles continue, prompting the country's central bank today to cut interest rates for the second time in three months. However, the bank unexpectedly kept the five-year rate unchanged. Markets were expecting Beijing to offer more support for the property sector which makes up around 25% of the economy. Joining Julia to discuss is Michael Pettis, professor of finance at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Frequently Asked Questions

How long is this episode of First Move with Julia Chatterley?

This episode is 48 minutes long.

When was this First Move with Julia Chatterley episode published?

This episode was published on August 21, 2023.

What is this episode about?

China's economic troubles continue, prompting the country's central bank today to cut interest rates for the second time in three months. However, the bank unexpectedly kept the five-year rate unchanged. Markets were expecting Beijing to offer more...

Can I download this First Move with Julia Chatterley episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.