Summers on the Slowdown in China

David Weston discusses the recent market events with Larry Summers and Steve Ratner, focusing on China's economic challenges. Larry highlights the slowdown in China's economy due to real estate reliance and export market issues. Steve offers a more optimistic view, noting China's potential for growth despite current difficulties. The discussion also covers the implications of China's economic situation for the US and global economy, emphasizing the need for careful policy approaches.

What does Steve Ratner suggest about China's assets in relation to its debt?

According to the discussion, what are the implications of a struggling Chinese economy for the United States and the rest of the world?

What concerns does Larry Summers express regarding China's potential reaction to its economic struggles?