Yan Wang
speaker
275 appearances
1 recordings
1 series
first heard Sep 2024
last heard Sep 2024
Yan Wang’s voice in public audio — every appearance, attributed to the second.
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Appearances
the power of that kind of unique combination of being cheap and being very tax-heavy.
So I think that feature is still there.
I think the problem today is why Chinese growth is so weak.
It's not because the fundamental competitiveness of China is gone.
It's actually super competitive.
The problem is we have a lot of y self-imposed uh restrictions, you know,
Other problem is pretty much, in my opinion, self-imposed.
Beijing didn't do what they are supposed to do to solve this growth problem.
That's why they're stuck in this kind of you know, below five percent growth rate.
So uh this is a very complicated question.
Uh it's very complex.
So you know, different people have very different opinions.
We believe that that itself is not such a big problem.
Um
You know.
That is pretty much the flip side of assets, right?
So, you know, if you look at balance sheets, you know, you have that and you have assets and equity.
So in China's case, um
It's just the majority of Chinese uh what we call financial intermediation has been carried out by the banking sector.
So that's why majority of Chinese assets are are realized through bank borrowing.
Showing 101–120 of 275 · page 6 of 14
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