In this episode, we discuss the current state of China’s financial system. China’s credit sector has expanded dramatically over the course of China’s unparalleled economic rise, yet now faces key problems that may impact overall economic stability. The authors of a new report from CSIS and the Rhodium Group, Logan Wright and Daniel Rosen, join the podcast to talk about their fresh analysis of China’s financial situation and explain the methodology behind their research. They also touch on the challenges to Beijing in moving forward with financial reforms while attempting to maintain stability in China’s credit system and explain what this potential area of weakness in China’s economy means for U.S. policy.
Logan and Dan recently caught up with CSIS Freeman Chair in China Studies Deputy Director Dr. Scott Kennedy to share these details and more on Credit and Credibility: Risks to China’s Economic Resilience. Hosted by Liza Keller. Audio edited by Ribka Gemilangsari. Written and produced by Jeffrey Bean.
To learn more:
Read Logan Wright and Daniel Rosen’s report Credit and Credibility: Risks to China’s Economic Resilience.
Watch the public event and presentation video on demand here.
Review Logan Wright and Daniel Rosen’s commentary essay here.
See Daniel Rosen and Beibei Bao’s report Broken Abacus? A More Accurate Gauge of China’s Economy.
Dr. Scott Kennedy is a senior adviser in the Freeman Chair in China Studies and the director of the Project on Chinese Business and Political Economy at CSIS.