58:25

PlusLive

The Truth About Chinese Growth, Consumption, and Stimulus

Featuring Leland Miller and Maggie Lake

April 19 at 3:00PM • 58 minutes

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Plus

Live

The Truth About Chinese Growth, Consumption, and Stimulus

In the post-COVID era, it's as difficult as ever to get an honest read on the Middle Kingdom's economy.

Featuring Leland Miller and Maggie Lake

April 19 at 3:00PM • 58 minutes

Lockdowns of millions of people in Shanghai, Shenzhen, and other Chinese cities have caused major disruptions to factories, supply chains, investment, consumption, investments, and jobs. But the National Bureau of Statistics reported China’s first-quarter gross domestic product (GDP) growth was 4.8%, beating the consensus forecast and up from 4% in the fourth quarter. As China Beige Book CEO Leland Miller notes, neither was its 2020 recovery as hot as outsiders surmised nor was its 2021 retreat as steep as those same outsiders suggested. Miller joins Maggie Lake for today’s Real Vision Live to offer a data-based analysis of China’s economy, including his assessment of Chinese officials’ expectations, the role of the Chinese consumer, and the continuing impact of the “Zero COVID” policy. Show More

Real Vision Live offers Plus and above members the opportunity to interact in real time with experts about all things related to financial markets. Features timely, in-depth analysis on what's driving price action across all asset classes. Nothing is off the table.

More Episodes

Real Vision Live offers Plus and above members the opportunity to interact in real time with experts about all things related to financial markets. Features timely, in-depth analysis on what's driving price action across all asset classes. Nothing is off the table.

More Episodes

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