This week on Sinica, Kaiser chats with Bloomberg’s chief economist, Tom Orlik, about his new book, China: The Bubble That Never Pops. A longtime resident of Beijing, Tom wrote for the Wall Street Journal before joining Bloomberg as chief Asia economist. His book argues that Beijing's leaders have learned valuable lessons from their own history and from the experiences of other countries, and applied them well to China's own economy.
5:33: The bears have it wrong on China
10:08: Debt obligations and local government finance
18:29: What the Chinese leadership has learned, and what it hasn’t
30:21: Shadow loans, and the shadow banking sector
47:42: The tools that China’s central banks have to deal with risk
Recommendations:
Tom: China’s Unfinished Economic Revolution, by Nicholas R. Lardy, and The Story of the Stone, or The Dream of the Red Chamber, Vol. 1: The Golden Days, by Cáo Xuěqín 曹雪芹, translated by David Hawkes.
Kaiser: The 2010 Chinese television series Three Kingdoms.
Chinese international relations scholar Dingding Chen on Beijing's position in the Russo-Ukrainian War
China's soft power collides with the hard realities of the Russo-Ukrainian War: A conversation with Maria Repnikova
China’s Ukraine conundrum, with Evan Feigenbaum
Biden's China policy needs to be more than "Trump lite:" A conversation with Jeff Bader
Veteran diplomat Bill Klein recalls the turbulent Trump years at the U.S. Embassy in Beijing
What China is reading and why it matters: A conversation with author Megan Walsh
China's ideological landscape, with Jason Wu
Why the law matters in China, with Jeremy Daum of Yale's Paul Tsai China Law Center
Personality and political discontent in China, with Rory Truex
Dan Wang on China in 2021: "Common prosperity," cultural stunting, and shortcomings of the "modal China story
Mental models for understanding complexity, with Anthea Roberts and Nicolas Lamp
The sociologist watching the China-watchers: A conversation with David McCourt
Damien Ma of MacroPolo on China's economic and political outlook
The investigative team from MIT Technology Review that found major flaws with the DoJ's China Initiative
FOCAC 2021 in Dakar, Senegal, and B3W — the U.S. counter to China's BRI?
Sinica presents the best of China Stories 2021
Revisiting the Red New Deal, with Lizzi Lee and Jude Blanchette (live at NEXTChina 2021)
The Carter Center's survey on Chinese perception, with Yawei Liu and Michael Cerny
Peter Hessler live at the NEXTChina 2021 Conference in New York
Psychologist George Hu of the United Family Mental Health Network on mental health in China
Create your
podcast in
minutes
It is Free