Excess Returns

Podbit · Excess Returns

Finding Quality Growth in Emerging Markets with Ian Smith

Explore episode Jun 22, 2026

Where this was said

China's overcapacity, competition and global manufacturing edge

At 39:40 · chapter starts 37:30

Ian Smith describes China's 'involution' dynamic, its manufacturing prowess (battery production lines over a kilometer long), and how companies expanding abroad earn much higher margins.

Similar podbits