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What might save China's economy

NPR | By Darian Woods,
John Ruwitch, Cooper Katz McKim, Kate Concannon
Published March 18, 2025 at 9:00 AM EDT
President Xi Jinping during the closing of the National People's Congress on March 11, 2025.
Lintao Zhang
/
Getty Images
President Xi Jinping during the closing of the National People's Congress on March 11, 2025.

China has set out its target for economic growth this year: around 5 percent. That's a hefty goal for a nation coming off a painful real estate slump. But leaders have their eyes set on other industries to help its economy grow. Today, we dig into the headwinds and tailwinds facing China's economy.

Related episodes:
The mess at the heart of China's economy (Apple / Spotify)
The race to produce lithium (Apple / Spotify)
What's really happening with the Evergrande liquidation (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

Copyright 2025 NPR

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Darian Woods
Darian Woods is a co-host of The Indicator from Planet Money.
See stories by Darian Woods
John Ruwitch
John Ruwitch is a correspondent with NPR's international desk. He covers Chinese affairs.
See stories by John Ruwitch
Cooper Katz McKim
Cooper Katz McKim is an Associate Producer for The Indicator from Planet Money.
Kate Concannon
Kate Concannon is the Supervising Senior Editor at The Indicator from Planet Money. She leads this small, collaborative team of hosts, reporters and producers in making sense of crucial, but often complex and confusing, economic news in just 10 minutes a day.
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