The Economics of China's Evergrande Crisis

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House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo

SOURCES:
https://www.moneymacro.rocks/2021-09-28-macro-china/

Timestamps:
0:00​ - introduction
1:57 - investment
2:28 - consumption
3:01 - government spending
3:59 - exports
4:24 - the future

Attribution:
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Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
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Why do macroeconomists care about the fate of a single Chinese company?

I mean sure it is absolutely massive!!! with assets equal to roughly 2.2% of China's GDP.... but it is the losses on those assets that matter for GDP and those will surely be much less.

What's more China's GDP is typically growing around 6-8% every year.... So, China's economy should easily be able to shrug this one off ..... right?

Видео The Economics of China's Evergrande Crisis канала Money & Macro