Sunday, January 15, 2012

BBC Talks With Chinese Economist

http://www.bbc.co.uk/programmes/p00msxgh

In the same vein as last weeks post, BBC's Zeinab Badawi discusses China's recent economic growth pains with prominent Chinese Economist Cheng Siwei. During the course of the discussion, Badawi tries very hard to get concrete answers concerning the growing number of riots and public dissent that have come to light in Chinese society, and tries to make the case that these are signs that China's system is starting to show cracks. Cheng meanwhile contends that China's economy has only slowed because of the financial crisis in the West, which has slowed down demand for Chinese exports. This is interesting--showing tension between a newly developing country and countries that have been developed for sometime.

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