The Chinese Financial Crisis That Never Came, with Logan Wright

China EconTalk

Foreign investors have lost billions expecting a Chinese financial crisis that hasn't come yet. So what gives? According to the Rhodium Group's Logan Wright, it's not China's domestic savings rate or RMB-denominated debt that’s keeping the economy afloat, but rather the government's credibility.

Foreign investors have lost billions expecting a Chinese financial crisis that hasn’t come yet. So what gives? According to the Rhodium Group’s Logan Wright, it’s not China’s domestic savings rate or RMB-denominated debt that’s keeping the economy afloat, but rather the government’s credibility.