A Primer on China's Current Economic Turmoil
The Breakdown
00:00
Challenges in the Chinese Property Market and Financial Sector
This chapter discusses the weakening housing market and problems in the Chinese shadow banking sector, including missed payments by Zhang Rong International Trust Company and increasing corporate defaults. It explores the potential impact of a Chinese recession on the global economy and highlights the need for new solutions to address the economic turmoil.
Play episode from 08:50
Transcript
