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Money Talks from The Economist

Money talks: How slow can you grow?

Money Talks from The Economist

The Economist

News, Business, Economy, Finance & Economics, Business News

4.41.2K Ratings

🗓️ 16 July 2019

⏱️ 23 minutes

🧾️ Download transcript

Summary

Last week’s episode asked how long American economic growth could last. Now, new figures reveal that China’s growth is the slowest in nearly three decades. What can the Chinese government do about it? Insurance companies make their money from predicting disaster, but as those risks change the industry is lagging behind. And England has won the Cricket World Cup in a controversial tiebreak––but are tiebreaks fair? Simon Long hosts

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Transcript

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0:00.0

They're not authors, but they help you shape your financial story.

0:04.0

They're not an airline, but they connect global businesses across nearly 160 local markets.

0:10.0

They're not interpreters that they listen to and understand their client's needs.

0:14.8

With global expertise and over two centuries of experience, Citi provides tools, insights and

0:20.8

guidance that helps clients thrive.

0:23.0

They're not just any bank, they are city.

0:26.0

Learn more at city.com slash we are city. City.

0:33.0

Hello, you're listening to Money Talks on

0:40.0

Hello, you're listening to Money Talks on Economist Radio and I'm Simon Long the

0:45.1

international editor here at The Economist. Coming up on today's show, how prepared

0:50.7

is the insurance market for the risks of the future?

0:53.7

The insurance industry sadly enough has not moved very far, very fast.

0:57.7

There are things happening on the margin, but the inconvenience of the industry

1:01.0

remains by and large, plodding dinosaurs.

1:04.1

And as we celebrate England's close-fought win in the Cricket World Cup, we ask why are tie-breaks

1:09.4

so important?

1:11.0

If you spent two weeks or even longer if you're watching the cricket, pouring all of your

1:15.5

heart into seeing your team play, you come see them in the final and it's a dead heat, that's

1:20.9

not going to please many paying punters.

1:23.0

But first, figures released this week show China's economy is slowing.

1:36.0

Almost anywhere else, GDP growth of 6.2% which China chalked up between April and June would be seen as super hot.

1:45.0

In China it was the lowest quarterly growth rate since 1992.

...

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