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Faultlines in China’s internal economic policies

The Democracy Forum Presents a studio discussion, titled ‘Faultlines in China’s internal economic policies’ broadcast on Monday 29 April, 2024 11:00 UK time (BST), 15:30 Indian time (IST) Introduction by Lord Bruce, President of The Democracy Forum Moderator Humphrey Hawksley, Author & former BBC Asia correspondent Discussants George Magnus, Research Associate at Oxford University's China Centre, and at SOAS; former Chief Economist at UBS, Author of 'Red Flags - Why Xi's China is in Jeopardy' Dr Xin Sun, Senior Lecturer in Chinese and East Asian Business, King’s College London Dr Yuka Kobayashi, Lecturer (Assistant Professor) in China and International Politics, SOAS Once an economic powerhouse, China today faces major challenges to its fiscal development. These come in the form of disruptive divisions – faultlines that may impact the nation’s economic performance in the years and decades ahead. President Xi’s policies are slowing China’s growth, causing a raft of problems, from rising unemployment to local government debt and the collapse of the real estate sector,. With Western countries threatening to impose tariffs on Chinese electric goods to protect their own markets, wars raging in Ukraine and Gaza, and the potential for military conflict over Taiwan, how might these faultlines widen over time? And what can China do to reverse the slump?