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The John Batchelor Show

PREVIEW: #PRC: Excerpt from conversation with colleague Chris Riegel of #SCALA.com re the reluctant domestic consumer market in China and what the future holds. More tonight of China's struggle to shop.

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 25 April 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

PREVIEW: #PRC: Excerpt from conversation with colleague Chris Riegel of #SCALA.com re the reluctant domestic consumer market in China and what the future holds. More tonight of China's struggle to shop.

1951 Longwha Airport.


Transcript

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0:00.0

Have you ever felt like escaping to your own desert island?

0:04.0

Jane Gaskin did exactly that, trading in the family home to begin a new life in the

0:09.1

tropics.

0:10.1

But she soon discovers that Paradise has its secrets.

0:13.4

I'm Alice Levine, and this is the price of Paradise,

0:18.0

the island dream that ends in kidnap, corruption, and murder.

0:23.0

Wish you were here.

0:24.0

Follow the price of Paradise Now, wherever you listen to podcasts.

0:30.0

This is John Batcheler.

0:31.0

Conversation with my colleague Chris Regal who travels the world for

0:35.6

scholar.com about the Chinese consumer reports that there are places in China towns where local officials go into homes,

0:46.4

residences, and inspect the appliances. If they're not up to date haven't

0:51.0

been purchased within a set time frame. The order is to buy a new one.

0:56.3

consumption, Chinese style. I ask Chris about consumer cultures such as the U.S. and China's ambition to become one.

1:06.0

How?

1:08.0

This answer is measured.

1:11.0

China, domestic consumption, forced question mark.

1:15.0

That's correct. If you had the type of domestic economy in China that you do in the US or Western Europe where the consumerism is much more advanced, then kind

1:25.8

of could be much closer to self-sustaining instead of being an export principally on the economy.

1:31.8

China is edging towards that, but that's not a quick journey or a quick

1:36.0

switch to flip and in the Chinese people's approach the desire to have that fully the economy has to lie with the consumer

1:44.7

becoming more of a consumerist, but not too consumerist, not too free, not too open and livable

...

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