For decades China’s economic growth has been the envy of the western world. But current signs suggest all is not well.
Regulations brought in by government to curb businesses reliance on debt have badly hit the its second largest real estate developer, Evergrande and manufacturing output has been hit by power shortages.
So is China’s economy in trouble?
Sara Hsu, visiting scholar at Fudan University in Shanghai
Michael Pettis, Finance Professor at Peking University and a Fellow at the Carnegie Endowment
Iris Pang, ING’s Chief Economist for Greater China
Travis Lundy, independent research analyst in Hong Kong
— Read on www.bbc.co.uk/programmes/w3ct1z2l
A helicopter crash ferrying skiers to a remote ridge near Alaska’s Knik Glacier last month ended the life of the Czech Republic’s richest man, Petr Kellner. It also set in motion the biggest wealth transfer of the post-Soviet Union bloc.
— Read on www.bloomberg.com/news/articles/2021-04-02/tycoon-death-starts-biggest-wealth-transfer-of-post-soviet-bloc