Macro Perspective 34 | Understanding China's economic situation and differences from Japan's example

Peter Brooke discusses the economic situation in China and addresses the comparison between China's current state and Japan's past economic challenges in the 1990s. While some aspects of the "China is Japan" narrative hold true, there are significant differences and opportunities in China's situation. An International Monetary Fund (IMF) paper published this month, attempts to unpack the assets China holds to offset its huge debt burden of nearly 300% of GDP. They estimate that China has the most assets in the world, with an estimated US$12.5 trillion worth of assets. As a result, China has nearly 30% of government financial assets around the world.Have our latest investment-related podcasts sent directly to your mobile. Subscribe here.Thanks for listening! Follow us on Linkedin.