China stunned economists and rattled stock markets worldwide by raising interest rates today for the first time in three years, after four days of secret meetings by 300 or so top Communist Party leaders which ended yesterday. China watchers are trying to analyze the leadership choices and new five-year plan. What’s next for economic growth, the environment and housing prices? Will censorship give way to greater openness? What about competition with the US?
China: New Leaders, New Plans and Potential Troubles
Credits
Guests:
- Adam Minter - author of the book “"Secondhand: Travels in the New Global Garage Sale." - @AdamMinter
- Elizabeth Economy - Council on Foreign Relations - @LizEconomy
- Pieter Bottelier - former International Economist, World Bank