China Managed to Make Financial System More Stable, Author McMahon Says

The video discusses China's financial system, highlighting past concerns about leverage and inefficiency. It explains how Xi Jinping's anti-corruption campaign has improved financial stability. The economic model remains reliant on debt, but financial reforms have reduced risks. The handling of debt and zombie companies is analyzed, along with the potential impact of trade tensions on the economy.

What is the significance of the non-performing loan problem in China's banking sector?

How do trade tensions affect the Chinese economy according to the discussion?

What measures is the Chinese government taking to boost economic growth amidst challenges?