Is 2015 Chinas Year of Deleveraging?

The video discusses China's credit growth since 2009, highlighting its role in economic growth and the challenges in measuring shadow credit. It explores the need for deleveraging, the role of the federal government, and draws comparisons with Germany's past financial issues. The video also addresses internal tensions between state and local governments and emphasizes the importance of hukou reform as a priority for China's future economic strategy.

What has been a significant source of growth for China since 2009?

• Technological advancements

• Foreign investments

• Rising credit

• Increased exports

What is one of China's greatest economic vulnerabilities?

• High inflation rates

• Unaccounted local government credit

• Lack of innovation

• Trade deficits

How might the Chinese federal government address local government debt?

• By taking over some of the debt

• By increasing taxes

• By cutting public spending

• By privatizing state-owned enterprises

What historical example is used to illustrate China's current economic challenges?

• Germany's post-financial crisis state bank bailout

• The Greek debt crisis

• The US housing crisis

• Japan's economic bubble

What reform is considered a high priority for the Chinese federal government?

• Education reform

• Healthcare reform

• Hukou reform

• Tax reform