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The China Problem

Slate Money

00:00

The Importance of China in the Global Economy

Felix: China's entrance onto the global stage is complicating things in all different kinds of ways. And one of the things I do talk about in the book is this idea of a liminal period where we don't know how it's going to end. Felix: In terms of sovereign debt restructuring, that's definitely where we're at right now. We are entering a new more sort of bipolar world where China is much more important.

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