Date: 2024-10-19 Page is: DBtxt003.php txt00026314
CHINA
ECONOMICS -V- POLITICS -V- SECURITY
Mauldin Economics: China's GDP Mirage, Investment Risks, and Financial Overhaul with George Magnus
ECONOMICS -V- POLITICS -V- SECURITY
Mauldin Economics: China's GDP Mirage, Investment Risks, and Financial Overhaul with George Magnus
Original article: https://www.youtube.com/watch?v=r7sHW_xQe6o
Peter Burgess COMMENTARY
Peter Burgess
Mauldin Economics
Nov 10, 2023
25.2K subscribers ... 6,948 views ... 209 likes
China wants to de-risk its economy away from the US and US allies. As former UBS economist George Magnus put it in this episode of Global Macro Update, China has been “pursuing policies that we would now call decoupling” for the past 10 or 15 years. Its goal is to “establish dominant market shares of 70% or more in a range of modern industries at the frontier of science and technology.”
George is the author of several books, including Red Flags: How Xi’s China Is in Jeopardy. He’s also an associate at Oxford University’s China Centre. He speaks to Mauldin Economics Publisher Ed D’Agostino about everything investors need to know about China today.
- You can learn more about George Magnus here: https://www.georgemagnus.com
- Stay informed on the big trends by subscribing to Global Macro Update here: https://www.mauldineconomics.com/go/J...
- Please stay in touch by following me on X (formerly Twitter) @EdDAgostino: / eddagostino
- 00:00 – Introduction
- 02:48 – China is decoupling from the US, too
- 08:45 – De-risking is an ongoing process
- 12:09 – Magnus explains if China is investable
- 17:35 – Japan’s rapid aging problem
- 24:38 – China’s economy surpassing the US is not inevitable
- 31:35 – China’s new financial architecture