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China Unscripted

#218 China’s Headed For an Economic Black Hole | Christopher Balding

Sep 4, 2023
Christopher Balding, Senior Fellow at the Henry Jackson Society and founder of New Kite Data Labs, discusses China's economy, the overvaluation of real estate, the comparison of China's bailout with the US's, increasing debt and unsustainable infrastructure model, the impact of higher education investment, and the environmental impact of Chinese electric vehicles.
01:16:35

Podcast summary created with Snipd AI

Quick takeaways

  • China's economy is facing a choice between a very bad outcome or a catastrophic one.
  • The real estate market in China is overvalued, leaving many individuals unable to recover their investments.

Deep dives

China's Economy Reaching Escape Velocity

China's economy has reached a point where it cannot go back and reform its economy to correct its issues. They are now faced with a choice between a very bad outcome or a catastrophic one.

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