January 20th, 2015
Episode 132 of 836 episodes
Growth figures from China are the lowest in nearly 25 years.And the IMF has reduced its earlier global forecast. What's of most concern? We hear from Olivier Blanchard, the IMF's chief economist, and from Miranda Carr, director of the UK consultancy, Mulan Advisory & Investments, which gives advice on investment in China. Both can see challenges ahead as Beijing adjusts away from its traditional manufacturing-led model of growth, and eurozone deflation checks optimism within the single currency area. And we have the thoughts of one of our Beijing correspondents about the rise of English terms within everyday Chinese speech, and why that's giving some Mandarin-speaking purists a headache.
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