The Heat: China Economy

The Heat

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China releases key economic data this week on trade and consumer prices. 

We’ll discuss the country’s economic recovery and what it means for the global economy. 

China’s economy expanded over 6% in the second quarter this year, according to the National Bureau of Statistics. It grew 5.5% in the first half of the year above the government’s target of nearly 5% for 2023. 

In another sign of China’s economic recovery, the purchasing managers’ index for the manufacturing sector, a key measure of China’s factory activity, came in at 49.3%, an increase from May and June.  

The Chinese government has issued several policy and support measures to boost confidence, ensure a sustained recovery and promote high-quality development. 

Joining the discussion:

  • Klisman Murati is the founder of Pareto Economics, a global affairs research consultancy and the creator of the Global Power Index. 
  • Arthur Dong is a professor with the McDonough School of Business at Georgetown University. 
  • Edward Tse is the Founder and CEO of Gaofeng Advisory Company. 
  • Qu Qiang is the Assistant Director of the International Monetary Institute in Beijing.