90.9 WBUR - Boston's NPR news station
Top Stories:
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
Jan 28, 2015
Vice President Joe Biden speaks at Pellissippi State Community College Friday, Jan. 9, 2015, in Knoxville, Tenn. (AP)

The promise of free community college. What it might mean for our economy and our fraying social contract.

Jan 28, 2015
tasty

Did our sense of taste make us human? From evolution to culture, a new book explores the science and perception of flavor.

RECENT
SHOWS
Jan 27, 2015
As any ant knows, building a reliable team can be hard. (Flickr / Guildmn20)

From Silicon Valley to your office, some teams work better – and smarter – than others. We’ll look at the surprising reasons why.

 
Jan 27, 2015
Leader of Syriza left-wing party Alexis Tsipras speaks to his supporters outside Athens University Headquarters, Sunday, Jan. 25, 2015. A triumphant Alexis Tsipras told Greeks that his radical left Syriza party's win in Sunday's early general election meant an end to austerity and humiliation and that the country's regular and often fraught debt inspections were a thing of the past. (AP)

A leftist victory in Greece, and anti-austerity pushback across Europe. We’ll ask where this goes.

On Point Blog
On Point Blog
Our Week In The Web: January 23, 2015
Friday, Jan 23, 2015

New thoughts on Facebook, new analysis of State of the Union twitter activity and new weekend excitement. New! And exciting!

More »
Comment
 
Meet On Point’s Interns: Spring 2015
Friday, Jan 23, 2015

Good news! We have interns, and they are wonderful, and here they are for the spring term. Meet them digitally, right here.

More »
2 Comments
 
Caller To Author Ron Rash: ‘You Cared About People Like Me’
Thursday, Jan 22, 2015

An unexpected caller from South Carolina brings back guest Ron Rash’s years as a community college professor in a movingly real way.

More »
1 Comment