The war in Ukraine and global cost-of-living crisis are exerting pressure on economies across the world. With ongoing COVID-19 lockdowns and food supply chain issues on top of this, China is facing a particularly severe challenge.
In this episode Ben speaks with Dr Yu Jie (Asia-Pacific Programme, Chatham House) about the economic 'perfect storm' presenting such an obstacle to President Xi Jinping's 'common prosperity' agenda. They discuss the domestic Chinese debate over the future of its economy, the implications of Russia's invasion and the likely longevity of the government's new 'comprehensive thrift strategy'.
Read The World Today article:
Beijing briefing: China puts prosperity on hold
Speaker: Yu Jie
Host: Ben Horton
Editor: Jamie Reed
Recorded and produced by Chatham House.