China Tackles 'Original Sin' Debt Pile

The video discusses China's efforts to address its high levels of debt, focusing on deleveraging and the challenges posed by shadow banking. Despite regulatory efforts, credit growth remains an issue, particularly in wealth management products. These products have grown significantly due to low deposit rates and high returns, attracting many investors. The video analyzes the current state of deleveraging and the measures taken to manage the economy's leverage.

What are the current challenges faced by China's economy regarding deleveraging?

How has the Chinese government responded to the issues of unregulated debt and shadow banking?

What role do wealth management products play in China's financial system?

Discuss the impact of low deposit rates on the behavior of Chinese investors.

What are the potential risks associated with the growth of wealth management products in China?