The Challenges Facing China’s Bond Market

The video discusses China's economic challenges, focusing on overcapacity and high corporate debt levels. It highlights the impact of rising bond yields on Chinese companies, particularly in the commodities sector, and the potential for increased defaults. The discussion also covers China's systemic risks to the global economy and the country's efforts to transition to a domestic demand-led growth model while maintaining growth rates.

What are the potential repercussions for the global economy if things go wrong in China?

How do the Chinese authorities plan to transition the economy from old engines of growth to new ones?

What is the target growth rate that the Chinese authorities are aiming to maintain?