The Fallout of Baoshang Bank's Default

The Chinese economy is perhaps the world's only economic bright spot. So that means we can stop worrying about a financial crisis, right?

Think again, according to Lauren Gloudeman and Logan Wright of the Rhodium Group, who join to discuss their new paper mapping out the weak points in China's financial system.

That this report is a follow-up to Logan's 2018 paper entitled Credit and Credibility. Our past show on the topic you can find here on Apple Podcasts and here on Spotify. 

Cohosting is Byrne Hobart of the diff newsletter. 

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