JPMorgan's Chang Sees Below 6% Growth in China for 2020

The video discusses China's projected economic growth, expected to slow to 4.5% over the next decade, and its global implications. China's high debt burden, fiscal deficit, and need for state-owned enterprise reform are highlighted as constraints. Despite these challenges, China has tools like capital controls and high savings to manage the situation. The slowdown will affect global economies, particularly Europe and Latin America, with emerging markets being significantly impacted.

In what ways does China's banking system influence its economic management?

What implications does China's expected growth below 6% have for emerging markets?