of the city. france s president, emmanuel macron, signs into law his government s controversial pension reforms despite months of protests. scientists say the remains of ancient viruses which have spent millions of years hiding inside human dna help the body fight cancer. nurses in england will escalate their strike action in the coming weeks after turning down the government s latest pay offer. hello and welcome to talking business, with me, tadhg enright. let s have a look at what s on the show. can revenge spending save the world economy? after more than three years, lockdown is finally over for more than a billion people in china. they ve had time to stash trillions of dollars worth of savings. are they about to spend it travelling the world? and what s that going to mean for the rest of us? i ll be getting the lowdown on revenge spending with this top team steve odlan of the us conference board, tian lu from the economist intelligence unit in china, and gary barrowman
right now? absolutely. the economic recove in right now? absolutely. the economic recovery in china right now? absolutely. the economic recovery in china post-covid - right now? absolutely. the economic recovery in china post-covid has - recovery in china post covid has been recovery in china post covid has been impressive, but the more fundamental question is that how sustainable is this? we at the economist intelligence unit i looking economist intelligence unit i looking at chinese gdp growth to be 5.7% looking at chinese gdp growth to be 57% this looking at chinese gdp growth to be 5.7% this year, much higher than the government 5.7% this year, much higher than the government target of around 5%. in fact the government target of around 5%. in fact the 5~7 government target of around 5%. in fact the 5.7 already points to the fact the 5.7 already points to the fact that fact the 5.7 already points to the fact that china will contribute to one third fact that china wil