Logan Wright

In this discussion, Sarah Rainsford, BBC East European correspondent, shares the latest on the Nord Stream sabotage trial, detailing arrests and legal challenges faced by those accused. Logan Wright from the Rhodium Group offers a critical analysis of China's GDP growth, arguing that official figures may be misleading due to a collapsing property market and weak domestic consumption. Both guests highlight how these developments could impact global markets and policy.

Logan Wright, an analyst at Rhodium Group specializing in the Chinese economy and real estate market, shares his insights on the Evergrande crisis and its implications for China's financial stability. He discusses the challenges faced by the property developer, the tightening regulations impacting the sector, and the broader economic ramifications. Wright also examines China's financial reforms amid rising credit risks and the long-term effects on global markets, emphasizing the urgent need for a strategic shift in the country's economic approach.

Logan Wright, Director of China Market Research at Rhodium Group, delves into the struggles of Huarong, China's leading asset management firm, and what they reveal about the nation's financial contradictions. He discusses the shifting landscape of credit and credibility since 2018, highlighting rising debt and uncertainty in government intervention. The conversation also touches on the unique resilience of China's financial system compared to other emerging markets and the implications of high savings rates on economic stability. Wright emphasizes the urgent need for reform amidst these dual pressures.