Prepandemic Trend News Today : Breaking News, Live Updates & Top Stories | Vimarsana

a very warm welcome to talking business weekly with me, aaron hazelhurst. let's go take a look at what's on the show. the big china challenge. a year since the covid—19lockdowns. as the biggest economy back to full health. ongoing trade tensions with the us are some of the problems government is trying to tackle. this leading china economist will explain how the government needs to balance ambitions of the changing demand of a radically different younger generation if it wants the country to thrive. plus this former head of the international monetary fund china division tells me ho...

They exploited that demand, the private sector is a major driving force of the economy and providing the lion's share of thejobs which means social stability and innovations in the government knows that, they actively try to support the private sector. you might be sceptical but there's been a slew of policies coming forth changing attitude of the private sector. one big problem is debt, especially in property market, two very large property developers, evergrande debts of around $200 billion, country garden debts of around 100 $90 billion in something like 26 million homes, does this mean chi...

>> yeah, i want to be careful about calling ateit a worker shortage. a different way of looking at the labor market is how many people would be employed if we had a prepandemic trend? it would be about 10 million people more. 10 million missing jobs is about as bad as the darkest days of the 2008, 2009 recession. so this is an economy that's still hurting. the real question is how optimistic or pessimistic should we be going forward? >> so you said not a worker shortage, right? >> yeah, so look, here is one way to think about it. imagine the pandemic caused havoc and singles and that would sur...