25min chapter

Monetary Matters with Jack Farley cover image

China Fights Its Doom Loop | Leland Miller on Mammoth Stimulus From People's Bank of China

Monetary Matters with Jack Farley

CHAPTER

Challenges in Chinese Credit Markets

This chapter examines the rising delinquencies and a decline in China's M1 monetary aggregate, highlighting the gloomy outlook for consumers and investors. It discusses various stimulus packages introduced by the government in response, while questioning their long-term effectiveness on the economy. Moreover, it addresses the precarious state of the real estate sector and the systematic risks posed by non-performing loans, ultimately raising concerns about the sustainability of China's economic growth.

00:00

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