Panel: How resilient is China's economy in the face of trade war?

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• 00:09

  Hello and welcome to the panel discussion of World Today.

• 00:14

  I'm Ding Hen in Beijing.

• 00:16

  Despite the moderation in the trade war between China and the United States,

• 00:20

  great uncertainties remain.

• 00:23

  Amid the fallout from the trade conflict,

• 00:26

  Chinese authorities are implementing a raft of stimulus measures including interest rate cuts and a liquidity injection to support the economy.

• 00:35

  Beijing says the Chinese economy is fully capable of coping with all kinds of challenges,

• 00:41

  suggesting the country will offer more development opportunities to the rest of the world.

• 00:48

  How resilient is China in the face of a trade war?

• 00:52

  Can China turn the challenges caused by the trade war into an economic opportunity?

• 00:58

  These questions and much more in this edition of the program.

• 01:02

  To listen to this episode again or to catch up on previous episodes,

• 01:06

  you can download our podcast by searching World Today.

• 01:11

  So joining us now on the line are Warwick Powell,

• 01:15

  Senior Fellow with Taihe Institute and Adjunct Professor of Queensland's University of Technology,

• 01:21

  Professor Jiang Gong from University of International Business and Economics,

• 01:26

  and Li Lun, Assistant Professor of Economics with Peking University.

• 01:32

  So thank you very much for joining us today, gentlemen.

• 01:35

  Dr. Li Lun, to start with you, first of all,

• 01:39

  How would you explain China's bumper export numbers as well as its industrial output in the month of April,

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