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 Yu Jie 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’.