Is China's economic success creating a domestic paradox? | CNA Correspondent

China is producing advanced technologies at lightning speed, from AI to electric vehicles. But can rapid innovation translate into stronger domestic consumer confidence? CNA Senior China Editor and Senior Correspondent Olivia Siong joins Robin Pomeroy, Podcast Editor at Radio Davos, on this special episode in collaboration with the World Economic Forum. Together, they interview Professor Yuen Yuen Ang, Alfred Chandler Chair of Political Economy at Johns Hopkins University on how China's transformation could affect businesses, governments and consumers worldwide.

Highlights:
00:00 Intro
02:33 From "polycrisis" to "polytunity"
07:36 China shock or China opportunity?
10:00 Why boosting consumption matters
13:30 The employment challenge behind spending
15:36 Why "humble innovation" matters
18:13 What the 15th Five-Year Plan signals
22:29 China's shift to high-quality growth
27:05 Manufacturing, jobs and Southeast Asia
29:08 US-China rivalry in a multipolar world

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#CNACorrespondentPodcast #China #economy #cnapodcasts

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