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What Dan Wang Saw on His Last Trip to China

What Dan Wang Saw on His Last Trip to China
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What Dan Wang Saw on His Last Trip to China China's great economic contradiction. Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Watch Odd Lots on YouTube Subscribe to the newsletter

What Dan Wang Saw on His Last Trip to China China's great economic contradiction. Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Watch Odd Lots on YouTube Subscribe to the newsletter There's this weird contradiction that hovers almost all conversations regarding the Chinese economy. On the one hand, the growth and rising material prosperity is undeniable. And of course, Chinese industrial giants are at the frontier in all kinds of things, like batteries. On the other hand, you always hear about a soft domestic market, and a general state of unease among workers who fear that precarity is around the corner. So how is this contradiction explained? And how does it affect day-to-day life? On this episode, we bring back one of our regular guests Dan Wang, who recently returned from a long trip to Shanghai. We discuss his observations, the general ennui he saw, the signs of domestic weakness, and the way in which phone culture is reshaping Chinese society. [Image text:] st/Qilin Battery QILIN Batter
Dan Wang (PERSON) China (LOCATION) Spotify Watch (ORG) Chinese (ORG) Shanghai (LOCATION)
Originally published by Bloomberg Markets Read original →