# Can local spending beat tariffs in China?

An episode of [Under the Banyan Tree by HSBC Global Research](https://invisiblenetwork.ai/podcast/1702829388), 13 Feb 2025, 16 min.

Audio: https://sphinx.acast.com/p/open/s/64db93c01796c400110e0ce3/e/67adc4538415e55e8a5caeac/media.mp3

Fred Neumann is joined by Chief China Economist Jing Liu to discuss whether US tariffs could be the catalyst Beijing needs to give domestic consumption a shot in the arm. For more content from HSBC Global Research, follow us on LinkedIn: #HSBCResearch. And don't forget to follow our global podcast "The Macro Brief" on Apple Podcasts or Spotify or wherever you get your podcasts. Email us at AskResearch@hsbc.com for any questions. Disclosures and Disclaimers: https://www.research.hsbc.com/R/101/JPCnLsh Hosted on Acast. See acast.com/privacy for more information.

Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them.