Slumping Stocks and a Government Crackdown: China at a Crossroads?
To the Point
KCRW
4.4 • 583 Ratings
🗓️ 1 September 2015
⏱️ 52 minutes
🧾️ Download transcript
Summary
China's stocks tumbled once again today, after bad news from the manufacturing sector. Is the world's second largest economy in a free fall? Can Beijing rebuild confidence while cracking down on dissent?
Transcript
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| 0:00.0 | Hey, I'm Josh Barrow, your new host of Left, Right, and Center. |
| 0:02.9 | Every week, join Rich Lowry, Bob Shear and Me for a contentious yet civilized debate of the week's big political stories, from ISIS to the U.S. economy to this 47 candidate presidential election we're having. |
| 0:13.3 | You can find Left, Right, and Center on KCRW's iTunes page. |
| 0:17.9 | From KCRW in Santa Monica and PRI, Public Radio International, this is To the Point. |
| 0:26.3 | China's economic instability, is it a political crisis? |
| 0:33.0 | I'm Barbara Bogave sitting in for Warren Olney, and this is To the Point from Public Radio International, a daily look at the issues Americans care about most. |
| 0:40.7 | Since the 2007 global recession, China has been the hallmark of reliable growth and stable investment. |
| 0:47.0 | But this summer, Chinese stocks have plunged almost 40%, rattling investor confidence in Beijing's ability to guide the world's second largest economy. |
| 0:55.4 | Some China observers say Black Monday is just the beginning of the end of China's economic miracle. |
| 1:01.4 | Will declining confidence in Beijing prompt reforms? Will the government continue cracking down on critics? |
| 1:07.2 | Also on today's talking point, Pope Francis says priests can forgive women who've had abortions. |
| 1:12.7 | A first merciful papal step into the abortion debate? |
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| 1:42.5 | It's to the point I Barbara Bove in for Warren only. |
| 1:45.6 | Just ahead, China and U.S. stocks tumbled once again today, after bad news from that nation's |
| 1:50.9 | manufacturing sector, is the world's second largest economy in a free fall, and can Beijing |
| 1:56.2 | rebuild confidence while cracking down on dissent? |
... |
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