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Below are two killer videos from my favourite China watchers.
First, Patrick Chovanec, managing director at Silvercrest Asset Management Group and former professor at Tsinghua University in Beijing, explains to WSJ Money Beat how China’s credit boom could well be unprecedented, and if it pops, it will likely be felt globally, particularly in commodity exporting countries like Australia:
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Next, Professor Michael Pettis, from Peking University, discusses the Chinese manufacturing data released today and the country’s wosening economic growth prospects on Bloomberg video:
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.