It's been a nervous few days on Chinese stock markets in the wake of last week's cash crunch, which saw interbank lending rates in China rise to as high as 28 per cent. The Chinese central bank has made reassuring statements, but some commentators have talked about China being on the brink of a new financial crisis. Stefan Wagstyl, emerging markets editor and editor of the FT beyondbrics blog, and Simon Rabinovitch, Shanghai correspondent, join Shawn Donnan to look at the state of the Chinese economy.

A transcript for this podcast is currently unavailable, view our accessibility guide.

Get alerts on World Weekly podcast when a new story is published

Copyright The Financial Times Limited 2020. All rights reserved.
Reuse this content (opens in new window)

Comments have not been enabled for this podcast.

Follow the topics in this podcast