Citigroup's Lee: Emerging Market Growth Model Is Busted

The video discusses the challenges faced by emerging markets, particularly their reliance on export-led growth, which is now unsustainable due to the slowdown in advanced economies. It highlights the need for structural readjustment and increased domestic demand, with a focus on China's efforts to adapt. The video also examines the impact of global politics, such as isolationism and trade disruptions, on these markets. It concludes with a discussion on China's leadership and the adaptation of Western economic solutions.

In what ways is China's economic situation described in the text?

What role do political factors play in the economic disruptions mentioned in the text?