Does China Face the Risk of Deflation?

The transcript discusses the current economic strategies of a government facing unsustainable growth and high debt. It highlights the cautious approach towards easing and the market's reaction to investment opportunities. The discussion also covers China's crackdown on risky local government funding practices and the impact of global energy markets on deflation. Challenges in boosting local economic growth and consumer spending, particularly due to environmental restrictions, are also addressed.

What challenges does the local economy in China face in terms of consumer spending?

What are the potential effects of environmental restrictions on job growth in China?