Orient Capital Andrew Collier on China's Credit Risks, 'Common Prosperity'

The video discusses China's efforts to manage its national debt, including challenges with local governments and corporations. It highlights the Evergrande crisis, emphasizing its impact on the financial system and potential solutions. The video also explores China's common prosperity initiative, addressing economic inequality and the limitations of current policies.

What is one of the main challenges China faces with its AMC's?

• They are expanding too rapidly.

• They are not investing in technology.

• They are unable to sell assets at good valuations.

• They have too much cash on hand.

How is China attempting to support private companies?

• By developing the onshore bond market.

• By nationalizing private enterprises.

• By increasing taxes on foreign investments.

• By reducing interest rates significantly.

What is a significant concern regarding the Evergrande crisis?

• It might lead to a global financial crisis.

• It will lead to a significant increase in property prices.

• It could cause a mortgage crisis similar to the one in the United States.

• It will result in the nationalization of all private companies.

What is the Chinese government's stance on a state takeover of Evergrande?

• They have already nationalized the company.

• They are planning a full takeover.

• They are encouraging foreign investment in Evergrande.

• They are pushing for a local bank recapitalization.

What is a key challenge in achieving 'common prosperity' in China?

• Implementing a property tax without harming the economy.

• Increasing the number of billionaires.

• Reducing the influence of technology companies.

• Expanding the agricultural sector.

What is one method China is using to address inequality?

• Reducing the number of state-owned enterprises.

• Raising personal income taxes significantly.

• Launching campaigns to involve big tech companies in social services.

• Increasing subsidies for the agricultural sector.

What is the impact of the 'common prosperity' campaigns on the tech sector?

• It has resulted in the nationalization of tech companies.

• It has led to a complete shutdown of tech companies.

• It has caused a reduction in Gilded Age profits.

• It has increased the number of tech startups.