Why China’s economy is struggling

This podcast episode delves into the evolving narrative surrounding China's economic performance, highlighting a transition from optimism to caution as downgrades in growth forecasts reflect concerns over consumer spending, real estate downturns, and geopolitical tensions. Guest Hui Shan, Goldman Sachs' chief China economist, discusses the implications of these factors on consumption and exports, while shedding light on the challenges the Chinese government faces in addressing the property sector's oversupply and potential trade war impacts on international relations.