S2E83: China’s economy has a big problem: Who will keep buying?

What more should we know now about this country that is central to the global economy and is playing an ever greater role in geopolitics? Synopsis: Every second Friday of the month, The Straits Times’ senior columnist Ravi Velloor distils 45 years of experience covering the Asian continent, with expert guests. In this first-ever joint episode of Asian Insider and Radio Davos, he is joined by the World Economic Forum’s Robin Pomeroy as they speak with Qian Liu, whose Wusawa Advisory helps companies understand China.  It was recorded in late June at the World Economic Forum’s Annual Meeting of the New Champions 2026 in Dalian, China. Ravi and Robin discuss with Qian about how a Chinese economy built on innovation and scale is impacting the world, the mainland’s internal worry lines such as high youth unemployment and lagging consumption, and why female power could drive China’s next growth phase. Highlights (click/tap above) 4:00 Exports, joblessness, property in a slowing economy 9:00 China’s property market prospects 11:10 ‘Ageing concubine’ Europe ‘cooking up’ negativity 15:00 EVs, cognac and bubble tea 19:40 You don’t need to get fat on Chinese ice-cream 23:10 ‘Involution’ and its imperatives 25:00 Shrugging off Hormuz 27:00 China’s watching US destroy itself 33:00 Female power in China More at wef.ch/amnc26 and across social media using the hashtag #AMNC26 Produced and edited by Radio Davos: Editing - Seamus Hart, Louie Carroll Studio production: Gareth Nolan --- Read Ravi's columns: https://str.sg/3xRP Follow Ravi on X: https://twitter.com/RaviVelloor Sign up for ST’s weekly Asian Insider newsletter: https://str.sg/sfpz  Host: Ravi Velloor ([email protected]) Follow Asian Insider Podcast on Fridays here: Channel: https://str.sg/JWa7  Apple Podcasts: https://str.sg/JWa8  Spotify: https://str.sg/JWaX YouTube: https://str.sg/rF3qR Feedback to: [email protected] --- Follow more ST podcast channels: All-in-one ST Podcasts channel: https://str.sg/wvz7 Get more updates: http://str.sg/stpodcasts --- Get The Straits Times app, which has a dedicated podcast player section: The App Store: https://str.sg/icyB Google Play: https://str.sg/icyX --- Discover more Radio Davos podcasts:From 'US innovates, China imitates' to 'Opportunity 2.0' - lessons from Summer Davos: https://www.weforum.org/podcasts/radio-davos/episodes/strategic-intelligence-amnc26-debrief-china-innovation/The Hormuz shock, AI and China: the state of global energy, with Jason Bordoff: https://www.weforum.org/podcasts/radio-davos/episodes/amnc26-energy-china-hormuz-oil-gas-renewables-bordoff/AMNC26: What just happened at the Summer Davos?: https://www.weforum.org/podcasts/radio-davos/episodes/amnc26-what-just-happened-summer-davos/All podcasts: wef.ch/podcasts: YouTube: https://www.youtube.com/@wef/podcasts Radio Davos: https://pod.link/1504682164Meet the Leader: https://pod.link/1534915560Agenda Dialogues: https://pod.link/1574956552 --- #STAsianInsiderSee omnystudio.com/listener for privacy information.