Carnegie Endowment Says China's Inflation Under Control

The transcript discusses the current state of inflation and economic stability, highlighting the control over inflation and the rebound in producer prices. It examines the impact of these factors on corporate profits and GDP growth. The discussion then shifts to China's debt to GDP ratio, comparing it to other economies and exploring the unique role of the property market in China's debt situation. The sustainability of asset values and potential risks of a property market crash are also considered.

What is the significance of the 2% inflation rate mentioned in the text?

What role do property markets play in China's debt issue?