China Shock 2.0

China Shock 2.0

From Unhedged by Financial Times & Pushkin Industries

April 23, 2026 · 24 min

About this episode

The episode discusses China's transformation into a high-value producer and its implications for global jobs and economy.

In the past decade China has transformed itself into a high-value producer of sophisticated goods, threatening jobs in Europe and the rest of Asia. Today on the show, the FT’s Beijing bureau chief Joe Leahy joins Katie Martin and Rob Armstrong to discuss his three-part series on China’s new economy. Also, they go short prediction markets, long exit rows and long Xi Jinping’s chances of re-election. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer . You can email Robert Armstrong and Katie Martin at unhedged@ft.com . Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Hosts: Katie Martin, Rob Armstrong

Guest: Joe Leahy

Topics covered

  • China's economy
  • global trade
  • job market
  • political predictions
  • manufacturing

Keywords

  • China
  • economy
  • jobs
  • Xi Jinping
  • manufacturing
  • Europe
  • Asia
  • prediction markets

Mentioned in this episode

Organizations: Financial Times, Pushkin Industries

Places: China, Europe, Asia

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