China’s New Growth Model Explained (and Why It Matters)

In 2021, China's housing market peaked, and with it the construction-led growth model that had driven the economy for two decades came to an end. But instead of collapsing, China's economy has just kept on growing. Exports have surged, Chinese firms have emerged a major players in new industries like electric vehicles and batteries, and China seems to have a pipeline of new, innovative products getting ready to launch.

Which begs the question: is this Beijing's new growth model, and if so, how does it all hang together as a coherent vision for China's economic future?

In this video, we take a look at how the new growth model works, and what Beijing wants from it.

Dinny McMahon has spend 20 years covering China's economy and financial system, and is the author of China's Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle
https://www.amazon.com/Chinas-Great-W...

Trivium China is a strategic advisory firm that helps businesses and investors navigate the China policy landscape.

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For more ideas like this, check out our report, "China’s Economic Transition: Debt, Demography, Deglobalization, and Scenarios for 2035"
https://www.csis.org/analysis/chinas-...