Yan Wang
speaker
275 appearances
1 recordings
1 series
first heard Sep 2024
last heard Sep 2024
Yan Wang’s voice in public audio — every appearance, attributed to the second.
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Appearances
So, and EVs are just exploding, right?
So it's massive growth in some sectors.
But then you have the overall economy.
The, you know, the visibly you can feel parts of the economy are so much weaker.
So you have the two-speed economy, two-speed economy.
And number three is uh my sense is that there is a confidence crisis.
Um, so
If you talk to people, you talk to business people, you talk to uh consumers, you talk to government officials, people are very pessimistic.
And that's very different from all my trips, uh all my uh uh trips before.
Whenever I went back to China, I felt people were very optimistic.
But in the past two years, this kind of confidence crisis began to emerge and then my last trip actually uh further deteriorated.
So I think that's to me that's worrying.
Yeah, so I think the confidence crisis um I think the trigger, the catalyst, uh was
De
Basically, the massive increase in policy uncertainty from Beijing.
Right.
So you know, if before we if we observed what Beijing was doing, uh it's very predictable.
You know, they were pro-growth, they were pro-liberal reform, uh, they were very pragmatic, you know, dealing with changing economic situation.
And then the whole thing began to change in the past couple of years.
Right.
Showing 161–180 of 275 · page 9 of 14
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