In this podcast [41 min], Insightview interviewed Jacob Funk Kirkegaard about the ongoing economic crisis in China – and where the Chinese economy is headed. Jacob is a Senior Fellow at the Peterson Institute for International Economics and the German Marshall Fund of the United States. Earlier this year, Jacob was invited by the European Parliament to make his analysis of the current state of the Chinese economy. [Read the in-depth analysis, Stresses and contradictions in the Chinese economy in the early 2020s.]
Jacob believes that Chinese growth will slow to below the levels of the past decades as the growth model is no longer working. Insightview asks Jacob how this will impact China's future. We also discuss what Beijing's political response to these headwinds is. Finally, Insightview asks Jacob whether China faces economic contraction – and how this will impact the rest of the world.
Jacob is nonresident senior fellow with the Peterson Institute for International Economics [PIIE] and resident senior fellow with the German Marshall Fund of the United States [GMF] at the GMF's Brussels office since September 2020. He has been associated with the Institute since 2002 and had been resident senior fellow since 2013. Jacob is also a Senior Advisor at the Rhodium Group, a private research firm.
There is free access to this podcast.
Music: Melodyloops, 'Technology Park' – by MediaM
