PwC's Crow on Investing Amid Geopolitical Risk

The video discusses the political and economic climate in China, focusing on President Xi's emphasis on safety over growth, the impact of the US semiconductor ban, and the distinction between decoupling and deglobalization. It also highlights challenges faced by China's private sector, including declining employment and rising household debt.

How might the technological decoupling between the US and China lead to changes in global trade dynamics?

Discuss the significance of the shift from manufacturing-led growth to services-oriented production in China.

What role does household debt play in the current economic situation in China?