The Interview - How Will China Emerge From the COVID-19 Crisis? w/ George Magnus

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.1 • 1.1K Ratings

🗓️ 26 July 2020

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In many ways, China is at the center of the public health and economic crisis that has gripped the entire world for most of 2020, but recently more focus has been placed on the U.S. and Europe. George Magnus, research associate for the China Centre at Oxford University, helps viewers revert their gaze back towards the global superpower sized elephant in the room. Together with Real Vision's Ed Harrison, Magnus examines the current state of affairs for China from the perspective of the western countries left with a bad taste in their mouths after China's handling of the COVID-19 outbreak, but also from the internal perspective of a country looking to restart its growth engine and position itself for a world with fewer allies and a new economy with less reliance on traditional global trade partners. In addition, they examine the health of the Chinese banking system, the return of credit growth in China, and the potential for western sanctions and the outright weaponization of the U.S. dollar. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Ed Harrison here for Real Vision. We're about to listen to George Magnus, who is the Oxford University China Center research associate.
0:15.0	We're going to be talking to him about China.
0:17.2	We're going to take on the full kit and caboodle in terms of trade policy,
0:21.4	domestic economy, in terms of export. of
0:23.4	export-led economy. It'll be a very exciting discussion with him. I'm really looking forward to what he has to tell us about the priorities inside of China and also the
0:34.4	priorities with regard to China in the West. It should be a great interview.
0:38.8	Hope you enjoy. George Magnus good to talk to you. You are the research associate at the China Center at Oxford University, so you know a lot about China.
0:57.0	And I've talked to you many times in the past.
1:00.0	I'm really looking forward to having you back on the Real Vision platform, especially because today
1:05.7	is a day where stock markets are up. China is one leading the charge in the aftermath of the July 4th celebration here in the US right before markets open and all seems
1:18.0	to be well is all well with China and everything that you're seeing.
1:23.0	Well, good to you and I suppose it's all relative.
1:27.0	I mean, you know, compared with where China was just a few months ago,
1:32.0	yeah, I mean... China was just a few months ago.
1:33.0	Yeah, I mean, it does look good.
1:36.2	I mean, the stock market is being one of the top performers this year.
1:42.3	Had a great day today, as you said.
1:45.0	And yeah, I mean, I suppose in many ways,
1:48.0	there are two things just to kind of kick off our discussion really.
1:52.0	I mean, the first is that I mean the
1:54.3	economy is coming back you know reasonably well I mean not uniformly or
1:59.6	ubiquitously well but production is up to you know beyond levels because the
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Real Vision, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Real Vision and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.