cover of episode 160 - Is China the new Japan?

160 - Is China the new Japan?

2023/8/11
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The Dismal Science

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China's economy is experiencing a bout of deflation. Consumer demand is weak, the population is growing older and the property sector is undergoing a painful deleveraging. Is the Chinese economy about to stagnate like Japan in the 90s? Plus, the latest confidence numbers for Australia and CBA posts a record profit on the back of rising interest rates.