In the sixth episode in our China Rules series, we examine China’s purge of its banks. China’s banks are three times bigger than the US banking system, holding assets worth $60 trillion – equivalent to half the world’s GDP.  But in the past year, Beijing has shuttered almost one-quarter of its smaller banks.  To examine China’s authoritarian banking system, Louisa and Graeme are joined by two experts from the National University of Singapore: Jason Bedford, formerly a China-based investment analyst, now with the East Asia Institute and Adam Y. Liu of the Lee Kuan Yew School of Public Policy, author of Authoritarian Markets: The Politics of China’s Banking Explosion.

Image: Shanghai and Stock Market, June 2018. iStock photo ID: 970600792.

In the sixth episode in our China Rules series, we examine China&rsquo;s purge of its banks. China&rsquo;s banks are three times bigger than the US banking system, holding assets worth $60 trillion &ndash; equivalent to half the world&rsquo;s GDP.&nbsp; But in the past year, Beijing has shuttered almost one-quarter of its smaller banks.&nbsp; To examine China&rsquo;s authoritarian banking system, Louisa and Graeme are joined by two experts from the National University of Singapore: Jason Bedford, formerly a China-based investment analyst, now with the East Asia Institute and Adam Y. Liu of the Lee Kuan Yew School of Public Policy, author of Authoritarian Markets: The Politics of China&rsquo;s Banking Explosion.
Image: Shanghai and Stock Market, June 2018. iStock photo ID: 970600792.

The Little Red Podcast: interviews and chat celebrating China beyond the Beijing beltway. Hosted by Graeme Smith, China studies academic at the Australian National University's Department of Pacific Affairs and Louisa Lim, former China correspondent for the BBC and NPR, now with the Centre for Advancing Journalism at Melbourne University. We are the 2018 winners of podcast of the year in the News & Current Affairs category of the Australian Podcast Awards. Follow us @limlouisa and @GraemeKSmith, and find show notes at www.facebook.com/LittleRedPodcast/

The Little Red Podcast: interviews and chat celeb…

The Little Red Podcast

Award-winning interviews and chat celebrating China beyond the Beijing beltway. Hosted by Graeme Smith, China studies academic at the Australian National University's Department of Pacific Affairs and Louisa Lim, former China correspondent for the BBC and NPR, now with the Centre for Advancing Journalism at Melbourne University. We are the 2018 winners of podcast of the year in the News & Current Affairs category of the Australian Podcast Awards and we're funded by the Australian National University's Centre on China in the World. Find us on your favourite platforms: we're on Stitcher, Spotify and even Podbean. Follow us @limlouisa and @GraemeKSmith, and find show notes at www.facebook.com/LittleRedPodcast/. Our editor is the Saturday Paper's Andy Hazel, background research is by Wing Kuang, Juliette Baxter looks after our socials and transcripts, our stirring theme tune was composed by Susie Wilkins and our iconic art is courtesy of Seb Danta.

Award-winning interviews and chat celebrating China beyond the Beijing beltway. Hosted by Graeme Smith, China studies academic at the Australian National University's Department of Pacific Affairs and Louisa Lim, former China correspondent for the BBC and NPR, now with the Centre for Advancing Journalism at Melbourne University. We are the 2018 winners of podcast of the year in the News &amp; Current Affairs category of the Australian Podcast Awards and we're funded by the Australian National University's Centre on China in the World. Find us on your favourite platforms: we're on Stitcher, Spotify and even Podbean. Follow us @limlouisa and @GraemeKSmith, and find show notes at www.facebook.com/LittleRedPodcast/. Our editor is the Saturday Paper's Andy Hazel, background research is by Wing Kuang, Juliette Baxter looks after our socials and transcripts, our stirring theme tune was composed by Susie Wilkins and our iconic art is courtesy of Seb Danta.