S2E32: 'Second China shock? You ain’t seen nothing yet' says top economist

The Straits Times Podcasts

A conversation with the eminent private sector economist and strategic affairs expert Manu Bhaskaran.

Synopsis: Every second Friday of the month, The Straits Times’ senior columnist Ravi Velloor distils 40 years of experience covering the Asian continent, with expert guests.

South-east Asia is reeling from a flood of Chinese-manufactured goods that threaten the region’s industry, from cars to even batik shirts. Some call this phenomenon the ‘Second China Shock.’

In this episode, Ravi speaks with Manu Bhaskaran, the eminent Singapore economist and expert on regional politics and geopolitics. Mr Bhaskaran is a partner and board member of Centennial Group, a Washington DC-based policy advisory, and Adjunct Fellow at the Institute of Policy Studies.

Highlights (click/tap above):

1:00 What the 'Second China Shock' is about

5:30 ‘Fitness centre’ of global manufacturing

7:05 Countries, industries most affected

10:00 How can Asean respond?

12:30 A protectionist wave ahead

15:00 Why Asean has a lot going for it

Host: Ravi Velloor ([email protected])

Read Ravi's columns: https://str.sg/3xRP

Follow Ravi on X: https://twitter.com/RaviVelloor

Register for Asian Insider newsletter: https://str.sg/stnewsletters

Produced and edited by: Fa’izah Sani

Executive producer: Ernest Luis

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Channel: https://str.sg/JWa7

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Feedback to: [email protected]

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Chapters

1. 'Second China shock? You ain’t seen nothing yet' says top economist (00:00:00)

2. 'Second China Shock' phenomenon (00:01:00)

3. Global manufacturing 'fitness centre’ (00:05:30)

4. Who is most affected? (00:07:05)

5. Asean's response? (00:10:00)

6. Protectionist wave ahead (00:12:30)

7. Positives for Asean? (00:15:00)