PLEDGE NOW
China Slows

Worker riots at Foxconn. The Chinese economy slowing; We’ll look at the future of  “state capitalism” in China.

In this Monday Sept. 24, 2012 mobile phone photo, windows of a Foxconn workers' dormitory building are broken after a brawl in Taiyuan, capital of Northern China's Shanxi province. The company that makes Apple's iPhones suspended production at a factory in China on Monday after a brawl by as many as 2,000 employees at the nearby dormitory injured 40 people. The facility will reopen Tuesday. (AP)

In this Monday Sept. 24, 2012 mobile phone photo, windows of a Foxconn workers’ dormitory building are broken after a brawl in Taiyuan, capital of Northern China’s Shanxi province. The company that makes Apple’s iPhones suspended production at a factory in China on Monday after a brawl by as many as 2,000 employees at the nearby dormitory injured 40 people. The facility will reopen Tuesday. (AP)

The United States isn’t the only mega-power about to choose new top leadership. So is China. Here, millions will vote. There, a relative handful will decide. Next month, just like us. And it’s momentous – just the second peaceful transfer of power in China since its 1949 revolution.

And, like us, China has big decisions to make. My guest today says China’s “state capitalism” is now strangling the Chinese economy it once drove. And maybe strangling ours as well. We saw the Foxconn riot. What next?

This hour, On Point: China’s leadership, China’s economy, and ours.

-Tom Ashbrook

Guests

James McGregor, author of No Ancient Wisdom, No Followers: The Challenges of Chinese Authoritarian Capitalism.

From Tom’s Reading List

New York Times “Two of the largest economies in the world, Chinaand Japan, presented fresh data on Monday that underscored the persistent economic drag on the global economy despite the efforts of policy makers and central bankers around the world.”

China Daily “The official purchasing managers’ index, released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing, improved to 49.8 percent last month from 49.2 percent in August. However, it remained below the 50-percent threshold that divides expansion from contraction.”

Project Syndicate “China’s 12th Five-Year Plan calls for a shift in the country’s economic model from export-led growth toward greater reliance on domestic demand, particularly household consumption. Since the Plan’s introduction, China’s current-account surplus as a share of GDP has indeed fallen. But does that mean that China’s adjustment is on track?”

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
May 2, 2016
A man walks on the rail tracks of a train station turned into a makeshift camp crowded by migrants and refugees, at the northern Greek border point of Idomeni, Greece, Friday, April 29, 2016. Many thousands of migrants remain at the Greek border with Macedonia, hoping that the border crossing will reopen, allowing them to move north into central Europe. (AP Photo/Gregorio Borgia)

A top former US diplomat says refugees and tribalism are pulling Europe apart and that the US needs to get involved- to help Europe by helping refugees.

May 2, 2016
ADVANCE FOR MONDAY, MAY 2, 2016 AND THEREAFTER - In this April 19, 2016 photo, Laurie Millan, a para-professional and tutor, works with a student during an after school tutoring session at San Francisco International High School, in San Francisco. While some districts in numerous states have discouraged migrant minors from Central America from enrolling in their schools, the school accommodated its youths by rewriting young-adult novels at a basic level to spark the newcomers' interest in reading.  (AP Photo/Jeff Chiu)

Is grit the secret sauce that drives success? More important than both talent and intellect? We’re talking the power and limits of grit.

RECENT
SHOWS
Apr 29, 2016
Screengrab from the #MorethanMean video produced by Sarah Spain and Julie Dicaro. Scroll down to view the video.

Women pushing back. A video by two female sports reporters about online harassment goes viral.

 
Apr 29, 2016
Republican presidential candidate Sen. Ted Cruz, R-Texas, joined by former Hewlett-Packard CEO Carly Fiorina waves during a rally in Indianapolis, Wednesday, April 27, 2016, when Cruz announced he has tapped Fiorina to serve as his running mate. (AP Photo/Michael Conroy)

Trump and Hillary wins. Bernie lays off. Cruz chooses Carly. Beyonce drops “Lemonade.” Our weekly news roundtable goes beyond the headlines.

On Point Blog
On Point Blog
‘Embedded’: How Violent Gangs Are Terrorizing El Salvador
Thursday, Apr 14, 2016

NPR’s Kelly McEvers on her reporting in El Salvador for the podcast Embedded, and how gang killings brought San Salvador’s bus service to a halt.

More »
Comment
 
That Cheap Dress On Facebook? It Isn't Worth It
Monday, Apr 11, 2016

Know those shockingly cheap clothes you see advertised on Facebook? There’s a catch.

More »
Comment
 
The Boston Globe Imagines — And Rejects — A President Trump Front Page
Monday, Apr 11, 2016

The Boston Globe editorial page imagines — and rejects — President Donald Trump.

More »
Comment