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China Link Podcast #2: The economic downturn
http://www.zhongnanhaiblog.com/web/articles/280/1/China-Link-Podcast-2-The-economic-downturn/Page1.html
By Cam MacMurchy
Published on August 27, 2008
 
We interview Dr. Charles Su, an investment advisor from CEB Monitor Group, about how China's economy may be affected by the credit crunch in the United States and the global economic downturn.  We also discuss that economic foundations China is seeking to become a more developed economy.

BEIJING - Welcome to the second edition of our new China Link podcast series, in cooperation with Z.H. Studio.  In this edition we interview Dr. Charles Su, an investment advisor with the firm CEB Monitor Group in Beijing.

We discuss the global economic downturn and the US credit crunch, and what that means for China's economy.  He argues that the urbanization rate in China remains low compared with other developed countries, signaling much more room for growth.

He also points out the future of China's economy will depend on the following pillar sectors:

1.  Manufacturing
2.  State of the Art Financial System
3.  Science and Technology Sector

The last two are far from being ready.  Dr. Su has some interesting insight... have a listen and let us know what you think. Instructions for downloading or streaming the podcast can be found below.