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.
The Chinese Financial Crisis That Never Came, with Logan Wright
Jordan Schneider is a Beijing-based professional who works with Chinese internet companies on internationalization strategies. Back in the U.S., he spent time at the Eurasia Group and Bridgewater Associates. His Chinese landscape paintings "show promise."