EP-154 | Will China Leave Behind Its Economic 'Woes' In 2024?

China has set an ambitious 5% GDP growth target for 2024 and vowed to 'transform' the economy. Beijing has signalled that stability and transforming its economy will continue to be a priority. This comes at a time when China's economy has performed weaker than expected post-pandemic.

This episode of the ANI Podcast with Smita Prakash was recorded at the Raisina Dialogue in New Delhi in February 2024. The expert panel examines where China's economy is headed in 2024. What are the growth prospects and challenges ahead for Xi Jinping's government?

The expert panel for "The Year of the Dragon" includes Jorge Quiroga, Former President of Bolivia; Noah Barkin, Senior Advisor, China Practice, Rhodium Group, USA; Philippe Le Corre, Senior Fellow, Asia Society Policy Institute, France; Velina Tchakarova, Founder, FACE, and Visiting Fellow, Observer Research Foundation, Austria.

The panel will evaluate the state of China's economy and whether it is still making friends across the world or not. Does it inspire the same confidence in investors that it did pre-pandemic? How is Beijing's influence projected to evolve globally, particularly in regions like Russia and Latin America? Will it expand or diminish in the upcoming year?

#ANIPodcastwithSmitaPrakash #RaisinaDialogue #China #Podcast

Timestamps:

00:00 - Coming Up

01:55 - Introduction

02:52 - China's Economy in 2024

06:35 - China's 'Domination' in South America

09:17 - Role of EVs in China's Economy

12:46 - India in EV Car Race

14:20 - Chinese Economy 'Shrinking'?

17:52 - Europe's Policies for China & Russia

24:34 - Cold War 2.0?

25:32 - Europe's Internal Differences

28:02 - Chinese Yuan Replacing Dollar?

29:55 - Russian Influence in Venezuela

31:45 - China's Weakness in South America

33:26 - Can India Lead in Web 4.0?

35:30 - Europe's Relations with China

41:54 - Taiwan Ready for War?

46:20 - World War 3 Loading?

48:50 - What's Next for China's Economy?


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