China’s Housing Bubble, Healthcare Crisis, and Taiwan Relations

In episode 3, Noah Smith and Erik Torenberg track China's housing bubble, its healthcare crisis, and Taiwan in relation to China and Japan. Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co

We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.

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Sponsors: GIVEWELL | DAFFY | NETSUITE 

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TIMESTAMPS:

(00:00) Episode Preview

(01:20) Metabanter and how Noah TA'ed Erik's Econ 102 class

(02:41) Overview of China's economy

(05:11) Why are we seeing a slowdown in China's growth?

(07:13) The US housing bubble compared to China's

(10:03) What are the concerns around China's real estate?

(13:28) Evergrande, the Lehman Brothers of China

(15:08) Predictions for the next few years of China's economy

(17:02) What does China's slowdown mean for their position in the world at large?

(18:19) China's demographics in a decade

(21:36) US-China relations

(25:01) US vs China's defence capabilities

(27:54) Noah's plan for dealing with China

(32:24) The political coalition preserving regulations

(33:40) What should China be doing to course correct?

(37:24) China's calculus about Taiwan

(38:53) Japan's views on Taiwan and China

(41:30) One Belt One Road Initiative and Xi Jinping's Legacy

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This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at [email protected].