China's Economy is Broken | Logan Wright

China's financial system, once the engine of its growth, now structurally caps growth near 1-2% with no easy reform path.

• Credit boom, then decay: Post-2008, China added a third of global GDP to bank assets in eight years; credit growth has since fallen from 18%/year (2007-2016) to 9% (2017-2024) to just 5% now.
• Evergrande as the crisis moment: Logan Wright dates China's 'financial crisis' to the September 2021 Evergrande lobby protests, arguing decay—not collapse—followed, with credit risk migrating from P2P lenders to banks to developers to LGFVs.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.