September 5, 2022· 46 min

Just How Bad Is the Economy Getting in China?

Tom Orlik

Orality

Model

69%

Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(1,370 words)

M:28%

HostJoe Weisenthal(1,307 words)

M:28%

GuestTom Orlik(4,680 words)

M:26%

Oral Indicators

Agonistic39%

literally, completely, obviously

Engagement37%

you, our, your

Memory Aids100%

listen, now, right

Repetition100%

they (59x), china's (57x), which (49x)

Parallelism89%

And I'm Joe Weisenthal...., But my understanding is that t..., So, obviously, one of the big ...

Sound Patterns46%

37 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases5%

you know what, i mean

Literate Indicators

Hedging8%

could, maybe, quite

Passive Voice9%

be completed, is accounted, was ten

Abstract Nouns24%

investment, recommendation, question

Subordination10%

because, while, until

Sentence Length49%

Avg: 17.2 words/sentence

Word Complexity49%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style63%

300 personal pronouns found

Descriptive Style77%

literally, completely, actually

Description

In the wake of the Great Financial Crisis, China arguably led the world out of the downturn. Its gigantic fiscal stimulus not only boosted domestic growth, it also created an incredible amount of demand for commodities all around the world. Today the story is different. The government's Covid Zero policies have been a drag on growth and the real estate sector is deeply troubled, with a rise in homebuyers refusing to make mortgage payments. On top of that, the country is experiencing searing heat and drought. So how bad is it? Are things meaningfully worse than in previous downturns? To understand more, we speak with Tom Orlik, Chief Economist at Bloomberg Economics and author of the book "China: The Bubble that Never Pops." See omnystudio.com/listener for privacy information.

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