Alice Han
speaker
655 appearances
1 recordings
1 series
first heard Jul 2026
last heard 2 Jul
Alice Han’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
And yes, most people look like me and they have the dark hair and this kind of skin color, but people come from different religious backgrounds.
They practice different traditions.
They eat different foods.
Well, the West, insofar as I understand, portrays it a lot as, you know, this is the problem of authoritarianism.
It's a massive struggle between democracy and authoritarian regimes.
Yeah, exactly.
They have this kind of Maoist, Marxist-Leninist framework.
Whereas in China, they're thinking about structural issues.
So what I have called the four Ds are the real problems in China that policymakers understand.
And those four Ds are number one, debt.
You've got debt north of 300% of GDP.
That's just a little bit lower than Japan, but that's a huge amount of debt, more than the US.
Why does that matter?
It matters because it crowds out investment in more efficient areas of the economy and it crowds out domestic demand, which is the second D. Consumption has really underwhelmed and actually is underwhelming relative to pre-COVID trend.
because household savings rates have gone up.
Households are less keen to spend like Americans, for instance.
Interesting.
There's no tradition of using credit cards.
People are more conservative when it comes to spending durable goods, for instance.
And that has obviously got knock-on effects for the rest of the world because it means that if China wants to keep growing at 5% of GDP, then it needs to export even more to the rest of the world to maintain that growth.
Showing 121–140 of 655 · page 7 of 33
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