China’s Two-Speed Economy

China’s exports are booming while its property market and consumers remain under pressure, so what’s really happening in the world’s second-largest economy?

Host Mandy Drury speaks with CommBank Economist & Currency Strategist Carol Kong about China’s increasingly two-speed economy and why Beijing is moving away from the stimulus-led growth model of the past. They discuss the property downturn, weak household confidence and the shift towards advanced manufacturing, technology and greater economic self-reliance.

Carol also explains why China is willing to accept slower growth in pursuit of its long-term priorities, the risks that strategy creates for consumers and global trade, and what China’s changing economy could mean for Australian businesses and investors.

Plus, CommBank Economist Harry Ottley shares the key focuses for markets in the week ahead.

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