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Back to To the Point

To the Point

China: New Leaders, New Plans and Potential Troubles

China's been a major engine of growth in the weakened global economy, but, today, in the hopes of slowing things down, it stunned economists and rattled stock markets worldwide by raising interest rates for the first time in three years.

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By Warren Olney • May 12, 2014 • 1 min read

China's been a major engine of growth in the weakened global economy, but, today, in the hopes of slowing things down, it stunned economists and rattled stock markets worldwide by raising interest rates for the first time in three years. Though China's economy grows fast, a population equal to that of the US is moving from the countryside into the cities. Can the government maintain control? China watchers are trying to analyze the leadership choices and new five-year plan determined in four days of high-level, secret meetings by 300 top Communist Party leaders. What's next for economic growth, the environment and housing prices? Will censorship give way to greater openness? What about competition with the US?

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    Warren Olney

    former KCRW broadcaster

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    Christian Bordal

    Managing Producer, Greater LA

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    Frances Anderton

    architecture critic and author

  • KCRW placeholder

    Adam Minter

    author of the book “"Secondhand: Travels in the New Global Garage Sale."

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    Elizabeth Economy

    Council on Foreign Relations

  • KCRW placeholder

    Pieter Bottelier

    former International Economist, World Bank

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