Economist Podcasts

What Xi said: China’s five-year plan

Oct 29, 2020
Simon Rabinovich, the Asia economics editor in Shanghai, dives into China's new five-year plan, discussing its shift towards domestic growth and adaptability amidst global challenges and geopolitical tensions. Avantika Chilkoti, an international correspondent, shares insights on how the pandemic has transformed societal attitudes towards mortality, drawing parallels with WWII grief. They also explore emerging burial trends in Germany and the struggles of Singapore's hawker food culture, spotlighting the challenges faced by aging chefs and the younger generation's reluctance to join the trade.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

China's Five-Year Plans

  • China's five-year plans resemble election manifestos, guiding the party's objectives.
  • The most crucial element is the growth target, which is expected to be lower this time.
INSIGHT

Dual Circulation Strategy

  • China's new "dual circulation strategy" prioritizes domestic demand and production.
  • This aims to strengthen China against external pressures and secure advanced technologies.
INSIGHT

US Election and China's Leadership

  • It's uncertain whether China prefers Biden or Trump, as each poses different challenges.
  • Xi Jinping's emphasis on the 2035 vision suggests his long-term leadership ambitions.
Get the Snipd Podcast app to discover more snips from this episode
Get the app