Chinese Economy: About Sticks and Carrots

In this episode we take a deep dive into the contradictions of the Chinese economy - and what made it so successful in the first place. Is the Chinese miracle - or rather as our distinguished guest Xu Chenggang likes to call it - the Chinese riddle going to continue or has its meteoric rise already peaked? We examine Xi Jingping´s economic policy, try to distinguish real from fake growth figures and seek to find out why the island of Hainan seeks to attract investors by pledging to "arrest less entrepreneurs". Not only does Xu Chenggang share his vast knowledge with us - his creative analysis and sense of humor make this episode a real treat. Xu Chenggang is a Senior Research Scholar at the Stanford Center on China's Economic and Institutions, and a Visiting Fellow at the Hoover Institution at Stanford University, and a Visiting Professor, Department of Finance, Imperial College London Sound Editor: José Martins