The Dig cover image

Clash of Empires w/ Ho-fung Hung

The Dig

The Debt Addiction of China's Economy

2min Snip

00:00
Play full episode
After two thousand nine and two thousand ten, the strong wee bound, you see the chinese economis start to slow down drastically. And then it becomes an excess capacity that as the high speed rail is held by many as a success story of trying a new thing. But the profitable lines of the high speed railway is not many, many lines a lot profitable. So that this kind of ded addiction is just like drug addition, that that you every time you have a rebounde because of the debt fielded investment,. You va temporary abust in economic activities and g d p. After that that, you goo go to a kind of stagnation, or even a contraction in production.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode