China's Corporate Debt Hits 159% of GDP in 2016

The video discusses the challenges of corporate debt in China, focusing on the deleveraging process and its impact on economic growth. It highlights the ongoing credit flow to the real economy and the rising debt-to-GDP ratio. The discussion extends to global debt issues, particularly in South Korea and Australia, emphasizing the risks posed by high household debt and rising interest rates. The video also reflects on the lessons learned from the 2013 taper tantrum, noting improved resilience and communication by central banks, especially the US Fed, in managing interest rate expectations.

How do rising global interest rates impact domestic economies according to the discussion?

What lessons have policymakers learned from the 2013 taper tantrum?