World Model · podcast knowledge graph

Just How Bad Is the Economy Getting in China?

2022-09-05 · 46 min · 12 entities

episode page audio

Asserted relationships

  • → discusses Business company
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    evidence rules-v4
    Feed category: Business
  • → discusses News concept
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    evidence rules-v4
    Feed category: News
  • → discusses Investing concept
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    evidence rules-v4
    Feed category: Investing
  • → discusses News Commentary concept
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    evidence rules-v4
    Feed category: News Commentary
  • → hosted by Bloomberg company
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    evidence rules-v4
    Feed author/publisher: Bloomberg
  • → discusses Business News concept
    0.40 · ×2
    evidence rules-v4
    Feed category: Business News

Entities found in this episode

concepts 7

  • mentioned Investing concept
    0.50 · ×2
    evidence rules-v4
    Feed category: Investing
  • mentioned News Commentary concept
    0.50 · ×2
    evidence rules-v4
    Feed category: News Commentary
  • mentioned Business News concept
    0.50 · ×2
    evidence rules-v4
    Feed category: Business News
  • discusses News concept
    0.40 · ×2
    evidence rules-v4
    Feed category: News
  • discusses Investing concept
    0.40 · ×2
    evidence rules-v4
    Feed category: Investing
  • discusses News Commentary concept
    0.40 · ×2
    evidence rules-v4
    Feed category: News Commentary
  • discusses Business News concept
    0.40 · ×2
    evidence rules-v4
    Feed category: Business News

companys 4

  • mentioned Bloomberg company
    0.70 · ×2
    evidence rules-v4
    Feed author/publisher: Bloomberg
  • mentioned Business company
    0.50 · ×2
    evidence rules-v4
    Feed category: Business
  • discusses Business company
    0.40 · ×2
    evidence rules-v4
    Feed category: Business
  • hosted by Bloomberg company
    0.40 · ×2
    evidence rules-v4
    Feed author/publisher: Bloomberg

books 1

Episode description as stored
In the wake of the Great Financial Crisis, China arguably led the world out of the downturn. Its gigantic fiscal stimulus not only boosted domestic growth, it also created an incredible amount of demand for commodities all around the world. Today the story is different. The government's Covid Zero policies have been a drag on growth and the real estate sector is deeply troubled, with a rise in homebuyers refusing to make mortgage payments. On top of that, the country is experiencing searing heat and drought. So how bad is it? Are things meaningfully worse than in previous downturns? To understand more, we speak with Tom Orlik, Chief Economist at Bloomberg Economics and author of the book "China: The Bubble that Never Pops."  See omnystudio.com/listener for privacy information.