Magnus: China Narrative Has Gone Stale This Year

The video discusses the trajectory of Chinese economic growth, highlighting its peak around 2011 and the subsequent challenges. It examines the government's use of fiscal and monetary policies to stabilize the economy, particularly since 2014. The narrative contrasts the current economic stability with the more dynamic situation in 2015, while addressing concerns about credit expansion and the deteriorating debt structure. The discussion concludes with potential future scenarios for Chinese debt, emphasizing the urgency of addressing wholesale funding issues.

What significant change occurred in China's economic growth around 2011?

What measures has the Chinese government taken since 2011 to address economic challenges?

How has the narrative surrounding China's economy changed in comparison to 2015?

What concerns are raised regarding the funding structure of China's debt?

What is the potential timeline for the stability of wholesale funding in China?