Rogoff: China Risks Crisis Without Currency Flexibility

The video discusses China's need to manage its currency more flexibly to avoid a deeper crisis. It highlights the economic challenges China faces, including debt and growth dependency, and the impact of political centralization on innovation. The discussion predicts a future economic slowdown in China, with growth rates potentially dropping to 3-4%.

What are the potential risks for China if they do not manage their currency effectively?

How does a fixed exchange rate impact a country's economy?

In what ways might China's banking system affect its overall economic stability?

What factors contribute to China's economic growth challenges?

What are the implications of a significant slowdown in China's economy?