Credit and Credibility: Risks to China's Economic Resilience

Join the Freeman Chair in China Studies on October 3rd for a special presentation of the newly released report by Freeman Chair in China Studies' Senior Associate Daniel Rosen and Adjunct Fellow Logan Wright, Credit and Credibility: Risks to China's Economic Reslience. Following an introduction by Freeman Chair Christopher K. Johnson, the authors will describe their key findings. In the past decade, China has seen the largest credit expansion by any country in over a century, without a financial crisis or sudden slowdown in growth. The presentation will explore why China's economy has been so resilient and examine whether this pattern of stability could change. The report itself examines China's epic growth performance to date, and why it is running out of steam. Beijing cannot for long assure stability for an increasingly risky and complex system, as its credibility is stretched thin. This analysis has implications for how the United States and other advanced economies should prepare for a riskier outlook for China's economy.

Following the presentation, Markus Rodlauer (International Monetary Fund), Stephanie Segal (CSIS), and Tom Orlik (Bloomberg) will provide commentary, moderated by Freeman Chair in China Studies Deputy Director Scott Kennedy. The event will conclude with a Question & Answer session with audience members.

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[MuteObserver]

I accidentally clicked into this with a stray finger; I have no idea what got me here, but I’m glad I came -good talk, contents got me thinking

[physika]

This video convinces me of further US decline in the next 20 years. Americans are still having that zero sum mentality.

[oreradovanovi]

So this was long ago? And what is happening now?

[andrewmah]

From three years ago. Any useful hints for Ex-President Trump 'Coup' to use ?

[Kiki-envm]

So, who is declining now?, where is the so call economic resilience in China now.

[peterau]

They sound so credible, so do they try to the same with the America’s own debt problem?

[peterau]

Easy to criticize China but there are more problem in the debt Euro zone, and US zone. At least China has the most advance transportation system compare to us transportation system still in 1950 level.

[AndeyKurniawan]

stop spreading propaganda. im not interested in it and yet it keeps auto playing. no amount of dislike stops propaganda

[jtang]

Financial repression. Interesting findinds.

[victoews]

You lost all credibility when you kidnapped the Huawei executive.

[Samadhi]

Where were you when the US and European monetary systems were being gutted?

And who asked you to dictate Chinese economic policy….

[oooooo]

China: I'm gonna take on debt to make semiconductors. SMIC: makes 7nm semiconductors now.

US: I'm gonna take on debt to build back better. Mil-ind: wastes more money on breaking windows.

[marlayoutourist]

All these big brains spend resources and time to put out a long winded video that tells me that debt is bad for profits.

[kennyjong]

So in short, China economy still in good shape.

[jamiekloer]

If you have three trillion of assets and 40 trillion of liabilities is it a problem?

[FreeStyleKingz_TV]

This is so funny, USA is falling a part on every possible way at the moment.

[Erik-rphi]

Very good insight into the ability for China to grow financially which is something US corporations should know.
From a security standpoint for a layman like me I get scare when China vetoes or counters in anyway something that is in US interest. "Carrier killer missiles", supporting North Korea, siding with Russia, aggressive trade policy, etc. Would it not be more important to see if there was a way the US can make China less able to do harm? In finance as well as all other aspects the world turns by. Maybe I'm a scaredy cat but I want a less powerful china. Maybe ways to impede China are for the backroom.

[solonsolon]

You should get someone who cares about what you upload here to edit your uploads.

[BowenZhang-tegn]

if you want an China expert, don’t you need someone who speak the language and being in Chinese?

[darylloeng]

Look who's talking! Did these guys undertake a study for the last financial crisis ?...oh, I got it, they assume their system is flawless LOLS...bloody clowns