How China Fooled the World • 2014 This World

Category: Economics
Download:

Robert Peston travels to China to investigate how this mighty economic giant could actually be in serious trouble. China is now the second largest economy in the world and for the last 30 years China's economy has been growing at an astonishing rate. While Britain has been in the grip of the worst recession in a generation, China's economic miracle has wowed the world. Now, for BBC Two's award-winning strand This World, Peston reveals what has actually happened inside China since the economic collapse in the west in 2008. It is a story of spending and investment on a scale never seen before in human history - 30 new airports, 26,000 miles of motorways and a new skyscraper every five days have been built in China in the last five years. But, in a situation eerily reminiscent of what has happened in the west, the vast majority of it has been built on credit. This has now left the Chinese economy with huge debts and questions over whether much of the money can ever be paid back. Interviewing key players including the former American treasury secretary Henry Paulson, Lord Adair Turner, former chairman of the FSA, and Charlene Chu, a leading Chinese banking analyst, Robert Peston reveals how China's extraordinary spending has left the country with levels of debt that many believe can only end in an economic crash with untold consequences for us all.

This World • 0 • 3 episodes •

How China Fooled the World

Robert Peston travels to China to investigate how this mighty economic giant could actually be in serious trouble. China is now the second largest economy in the world and for the last 30 years China's economy has been growing at an astonishing rate. While Britain has been in the grip of the worst recession in a generation, China's economic miracle has wowed the world. Now, for BBC Two's award-winning strand This World, Peston reveals what has actually happened inside China since the economic collapse in the west in 2008. It is a story of spending and investment on a scale never seen before in human history - 30 new airports, 26,000 miles of motorways and a new skyscraper every five days have been built in China in the last five years. But, in a situation eerily reminiscent of what has happened in the west, the vast majority of it has been built on credit. This has now left the Chinese economy with huge debts and questions over whether much of the money can ever be paid back. Interviewing key players including the former American treasury secretary Henry Paulson, Lord Adair Turner, former chairman of the FSA, and Charlene Chu, a leading Chinese banking analyst, Robert Peston reveals how China's extraordinary spending has left the country with levels of debt that many believe can only end in an economic crash with untold consequences for us all.

2014 • Economics

Colombia with Simon Reeve

Adventurer and journalist Simon Reeve heads to one of the most spectacular countries in the world - Colombia. For 50 years, Colombia has been in the grip of a brutal civil war that has killed more than 200,000 people and displaced seven million. But in late 2016, a peace deal was signed promising to end the conflict and finally bring peace to the country. In this hour-long documentary for the award-winning This World strand, Simon explores Colombia at a pivotal point in its history. He travels into the jungle and comes face to face with the guerrilla army FARC, which is now promising to lay down arms. In the Pacific coast city of Buenaventura, Simon finds out more about the fearsome right-wing paramilitary gangs who now dominate the cocaine trade. As the FARC abandon the countryside, there is a fear that these groups will only grow in power. Travelling in the countryside, Simon meets the coca farmers who are demanding government support to stop growing coca and stop the flow of money to criminal gangs. With land ownership, poverty and drugs at the heart of Colombia's problems, it is in the countryside that the country's precarious future will be decided.

2017 • Environment

Cuba with Simon Reeve

Adventurer and journalist Simon Reeve heads to Cuba to find a communist country in the middle of a capitalist revolution. Two years ago Cuba announced the most sweeping and radical economic reforms the country has seen in decades. From ending state rationing to cutting one million public-sector jobs, one of the last communist bastions in the world has begun rolling back the state on an unprecedented scale. Simon Reeve meets ordinary Cubans whose lives are being transformed, from the owners of fledgling businesses to the newly rich estate agents selling properties worth up to 750,000. Simon gets under the skin of a colourful and vibrant country famous for its hospitality and humour and asks if this new economic openness could lead to political liberalisation in a totalitarian country with a poor human rights record. Will Cuba be able to maintain the positive aspects of its long isolation under socialism - low crime, top-notch education and one of the best health systems in the world - while embracing what certainly looks like capitalism? Is this the last chance to see Cuba before it becomes just like any other country?

2017 • Travel

You might also like

Earth 2050 - The Future of Energy

Humanity is at a crossroads! on this 2015 documentary we will try to predict what will happened in the future: Nearly half of the Amazon rainforest has been deforested, Hi-tech, intelligent buildings are revolutionizing the urban landscape, Smaller, safer, hi-tech automobiles, Major advances in air travel comfort etc..

Economics

The Bank That Bust the World

In September 2008, the collapse of Lehman Brothers tipped the world into recession. A cast of contributors including national leaders, finance ministers and CEOs describe the tense negotiations in New York and London as the investment institution headed towards bankruptcy. Gordon Brown, Tim Geithner and Alistair Darling reveal the dilemmas they faced and the decisions they took.

1/3The Love of MoneyEconomics

A Place Like Hell

Indonesia is one of the most volcanically active countries in the world--the island of Java alone has 45 active volcanoes, which could erupt at any time. Descend into some of the world's most volatile craters with scientist Tom Pfeiffer, who is hell-bent on photographing rare volcanic phenomenon.

S2E3Volcanic Odysseys • 2016 • Economics

Mankind From Space

Using mind-boggling data and CGI, it traces humankind’s story from hunter-gatherer to dominant global species. Seen from the global perspective of space, this special shows the breathtaking extent of our influence, revealing how we’ve transformed our planet and produced an interconnected world of extraordinary complexity.

2015 • Economics

How to End Poverty in 15 Years

The legendary statistical showman Professor Hans Rosling returns with a feast of facts and figures as he examines the extraordinary target the world commits to this week - to eradicate extreme poverty worldwide.

2015 • Economics