By Gareth VaughanAgainst the backdrop of a sweltering summer, China's Covid-zero policy rumbles on, the country's commercial property sector teeters, and youth unemployment soars. To talk about all these issues and more, I spoke to Beijing-based David Mahon, Managing Director of Mahon China Investment Management, for the latest episode of interest.co.nz's Of Interest Podcast. On the weather Mahon says it's China's hottest summer since records began in 1961, and has exceeded anything he has experienced in the almost 40 years he has lived in China. It has also been dry leading to "a complete collapse" of key hydro-driven power from the Yangtze River and its tributaries. I think China knows that whatever happens there'll be a death toll once they begin to relax as New Zealand is finding," says Mahon.

Source: New Zealand Herald August 28, 2022 08:41 UTC