{"podcast":{"title":"NAB Morning Call","slug":"nab-morning-call-427359","podcast_index_feed_id":427359,"rss_url":"https://feeds.acast.com/public/shows/631a89913c2be9001415dc41","website_url":"https://shows.acast.com/morningcall","image_url":"https://assets.pippa.io/shows/631a89913c2be9001415dc41/1782096193619-f4b4f870-948c-4d31-8eaf-fbd5f5bd0cfe.jpeg","author":"NAB - The Morning Call","episode_count":1568,"summary":"Start your day with the NAB Morning Call for the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and the forces shaping movements in Australian and global markets in the days ahead. Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-07-10T14:21:23.870249+00:00","page_url":"https://stenobird.com/podcast/nab-morning-call-427359"},"episode":{"title":"Weekend Edition: The ticking China timebomb","slug":"weekend-edition-the-ticking-china-timebomb","published_at":"2026-07-10T05:00:00+00:00","page_url":"https://stenobird.com/podcast/nab-morning-call-427359/weekend-edition-the-ticking-china-timebomb","show_page_url":"https://stenobird.com/podcast/nab-morning-call-427359","url":"https://shows.acast.com/morningcall/episodes/the-ticking-china-timebomb","audio_url":"https://sphinx.acast.com/p/open/s/631a89913c2be9001415dc41/e/6a4f215a1c8f5a97d899b59a/media.mp3","summary":"Friday 10th July 2026 Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here . All is not so rosy in China despite the official figures showing continued strong growth. ‘It’s not as becalmed and orderly as the government would have us believe’, says George Magnus.  George is an independent economist and a research associate at the China centre at Oxford University and at the school of Oriental and African studies in London. He was previously chief economist at UBS and wrote ‘Red Flags: Why Xi’s China is in Jeopardy’. He joins Phil to talk about the unreliability of China’s growth data, in particular how the targeted high growth industries, supported by government investment, are overshadowing the broader economy, where wages are low, unemployment is high and growth is at a crawl. Meanwhile government debt is growing. How sustainable is this path and what does it mean for exporters deliver resources to China? ‘Hedging your future business risks might be a good thing,’ says George. Hosted on Acast. See acast.com/privacy for more information.","meta_description":"Friday 10th July 2026 Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1877,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/nab-morning-call-427359/episodes/weekend-edition-the-ticking-china-timebomb/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/nab-morning-call-427359/weekend-edition-the-ticking-china-timebomb.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}