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Business Daily: China's Slowing Growth

Chinese growth

15/04/2015

China's Slowing Growth

BBC World Service - Business Daily, China's Slowing Growth

The lowest China growth and weakest export numbers in years. How concerned should we be?

The lowest China growth and weakest export numbers in years. How concerned should we be? Also, has the global rush to privatise countries' water supplies been a failure?

We unpick the latest figures from China: growth down, exports down. With some of the worst data since the financial crisis began, how concerned should we be about China? And is the transition to a consumer economy happening fast enough? Our chief business correspondent, Linda Yeuh, gives her verdict. 

Also in the programme, we hear a damning report from the Univeristy of Greenwich about water privatisations worldwide. Emanuele Lobina who is a principal lecturer at its Public Services International Research Unit says that hundreds of cities have been encouraged to switch to a privately run water supply since the 1980s - many at the instigation of the World Bank, which he says made it a condition of lending. Now hundreds of those same cities are switching back again. Has the privatisation experiment failed? 

And finally we hear from Jennifer Pak, our correspondent in Malaysia, about the country's growing intolerance towards its large immigrant labour force.

(Photo: A man walks past a billboard in Beijing, Credit: Wang Zhao/AFP/Getty Images)

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