Bass Says China Is 'Just a Paper Tiger'

The video discusses China's economic challenges, focusing on the Chinese yuan's position, China's fiscal and current account deficits, and the potential for corporate defaults. It highlights China's efforts to prop up its currency and the risks of over-leveraging in the corporate sector. The discussion also covers China's globalization efforts and the implications of its fiscal policies on the global stage.

What percentage of global currency settlements is conducted in Chinese yuan?

• 1%

• 10%

• 15%

• 5%

What is China's consolidated fiscal deficit as a percentage of GDP?

• 6%

• 15%

• 10%

• 4%

Which type of debt is China more likely to default on?

• RMB-denominated debt

• Euro-denominated debt

• Dollar-denominated debt

• Yen-denominated debt

How much RMB has China printed since 2009?

• $40 trillion

• $30 trillion

• $20 trillion

• $10 trillion

What is a significant concern regarding China's corporate sector?

• High taxation

• Low productivity

• Over-leverage

• Lack of innovation