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Thursday, October 22, 2015

The Rise and Fall of the Chinese Economy

China is facing a huge economic crisis

In this new video, The Rise and Fall of the Chinese Economy, I discuss problems and prospects for the Chinese economy, given the latest developments. This is the most recent addition to the Everyday Economics series from MRUniversity, and it also will be part of our forthcoming macroeconomics course. It is done in a slightly new style, I hope you enjoy it.

The Learn More page features additional resources about this topic.

By the way, here is your China (Africa) fact of the day:

China’s investment into Africa appears to be another casualty of the slowdown in the world’s second-largest economy. Chinese cross-border investment in greenfield projects and in expansion of existing projects in Africa fell by 84 per cent in the first half of this year compared with a year earlier, from $3.54bn to $568m.

The FT article is here.

Cross-posted from Marginal Revolution.