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The Inquiry
Is China’s economy in trouble?
The Inquiry
Oct 7, 2021

For decades China's economic growth has been the envy of the western world. But current signs suggest all is not well. Regulations brought in by government to curb businesses reliance on debt have badly hit the its second largest real estate developer, Evergrande and manufacturing output has been hit by power shortages. So is China’s economy in trouble?

Experts: Sara Hsu, visiting scholar at Fudan University in Shanghai Michael Pettis, Finance Professor at Peking University and a Fellow at the Carnegie Endowment Iris Pang, ING's Chief Economist for Greater China Travis Lundy, independent research analyst in Hong Kong

Presenter: Charmaine Cozier Researcher: Chris Blake Production Co-ordinator: Jacqui Johnson Sound Engineer: Neil Churchill Producer: Ben Carter Editor: Richard Vadon

(Image: People commute in front of the under-construction Guangzhou Evergrande football stadium in Guangzhou, China's southern Guangdong province on September 17, 2021. (Photo by NOEL CELIS/AFP via Getty Images)

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Is it time to scrap the Commonwealth Games?

For the second time in 12 years Glasgow is preparing to host the Commonwealth Games after Australia’s Victoria state pulled out because of increased costs. Victoria’s withdrawal raised questions about whether the 2026 games would go ahead before Glasgow agreed to step in.

Staging a sporting mega-event is expensive and governments face increasing scrutiny over public spending. Victoria’s decision raised wider questions about affordability for potential hosts. At the same time, critics question the Games’ political relevance, given its origins in Britain’s colonial past.

The Commonwealth Games Federation says the event can be delivered in a more sustainable way and argues that it brings cultural and economic benefits to host cities, but recent editions have run into significant costs and budget pressures.

This week on The Inquiry, Tanya Beckett asks ‘Is it time to scrap the Commonwealth Games?’

Contributors: Dr Stuart Whigham, senior lecturer in sport, coaching and physical education at Oxford Brookes University, UK Dr Matthew McDowell, lecturer in sport policy, management, and international development at the University of Edinburgh, UK Dr Verity Postlethwaite, lecturer in strategic event management at Loughborough University, UK Professor Gayle McPherson, associate dean for research at the University of the West of Scotland, and director of legacy and community engagement for Commonwealth Games Scotland, UK

Presenter: Tanya Beckett Producer: Matt Toulson Researcher: Evie Yabsley Editor: Tom Bigwood Technical Producer: Craig Boardman Production Management: Phoebe Lomas and Liam Morrey

(Photo: 2022 Commonwealth Games gold medals. Credit: Adrian Dennis/Getty Images)


23min 58sec



Is China’s economy in trouble?

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