As the American economy teeters on the brink of a double-dip recession, China Bear sightings have increased significantly. A loosely-knit group of economists and critics who see stormclouds looming over the Chinese economy, China Bears have a legion of grievances: real estate is in a bubble, the banking system is saddled with non-performing loans, capital investment in the country is inefficient, the economy is tilted too heavily towards export-oriented industries, and consumer wages are inadequate to pull China towards market-led solutions to its problems.

This week on Sinica, we hunt down the China Bear with expert on-the-ground opinion and fact. Which of their grievances are genuine and which risks are overblown? Joining Kaiser Kuo, Gady Epstein and Bill Bishop in our studio is Arthur Kroeber, managing director of Dragonomics and Chief Editor of the China Economic Quarterly. If you're interested in investing in China, doing business here or simply trying to understand where the real fault lines lie in the Chinese economy, this is the podcast for you.

New to Popup Chinese? Sinica is our regular podcast focusing on economic and political developments in contemporary China. If you enjoy this podcast, we encourage you to subscribe to the show through RSS. If you use iTunes, you can do this as easily as clicking on the "Advanced" menu and selecting the option "Subscribe to Podcast". When prompted copy the URL http://popupchinese.com/feeds/custom/sinica into the box. If you'd like to listen to this podcast on the go, you're also welcome to download the show as a standalone mp3 file. Enjoy!
 said on
September 24, 2010
I think Kaiser, Gady, Bill and Arthur really outdid themselves here. This is a really excellent podcast! Thanks guys. :)
 said on
September 24, 2010
Great podcast. Kaiser and crew are good as always, Kroeber is excellent. I found myself nodding listening to this. Useful explanations that I think will feel intuitively right to anyone here in China. Amazed that anyone could be critical of infrastructure investments in rail, for instance.
 said on
September 26, 2010
i agree excellent podcast. the capital of Canada (Ottawa) is going through massive transportation(lite-rail)infrastructures, also very political/$. Kaiser is a very talented,intelligent host for being first a musician. the guests were highly knowledgeable.

this Sinica podcast was way over my head so i'm going back to learning mandarin.
 said on
September 27, 2010
Wow, I learned an awful lot from this fascinating podcast. Good work guys!
Mark Lesson Studied