China's Debt Mountain
Ed Butler reports from China on the problems caused by increasing amounts of debt for both Chinese people and their government
China's economy is still growing at a respectable rate - but how long can that last? Ed Butler reports from China on the problems caused by increasing amounts of debt. Ed hears from students taking on debt they don't understand and finds out about the extent of Shanghai's property bubble. He is joined back in the studio by a panel of experts on China to ask whether high levels of debt could sink the country's booming economy.
Contributors: Linda Yueh, Adjunct Professor of Economics at London Business School and Fellow in Economics at St Edmund Hall, Oxford University;
Steve Tsang, Director of SOAS China Institute;
Geoffrey Yu, Head of UK Investment Office at UBS Wealth Management.
(Picture: People visit a shopping mall complex in Shenyang, Liaoning province, as the authorities seek to revive the recession-hit industrial region. Credit: AFP/Getty images)
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- Sat 7 Oct 2017 02:06GMTΒι¶ΉΤΌΕΔ World Service Online, UK DAB/Freeview, South Asia, Europe and the Middle East & East Asia only
- Sat 7 Oct 2017 10:32GMTΒι¶ΉΤΌΕΔ World Service except News Internet
- Sat 7 Oct 2017 21:32GMTΒι¶ΉΤΌΕΔ World Service East and Southern Africa & West and Central Africa only
- Sat 7 Oct 2017 22:32GMTΒι¶ΉΤΌΕΔ World Service except East and Southern Africa, News Internet & West and Central Africa
- Sun 8 Oct 2017 02:06GMTΒι¶ΉΤΌΕΔ World Service East and Southern Africa, Americas and the Caribbean & West and Central Africa only
- Sun 8 Oct 2017 14:06GMTΒι¶ΉΤΌΕΔ World Service East and Southern Africa & West and Central Africa only
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