China's debt explosion (2017) - FAQ
Frequently asked questions about this film.
What is China's debt explosion about?
China's debt explosion is a news segment. In the aftermath of the global financial crisis, China's economy, heavily reliant on manufacturing and exports, faces a critical challenge. The ruling Communist Party panics as party leaders estimate a need for a minimum annual growth rate of 8% to prevent political unrest that could threaten their authoritarian rule. To address this, they implement what economists describe as the greatest example of monetary easing in history, unleashing a massive wave of easy loans through the state-owned banking system. As a result, China's total debt skyrockets from approximately six trillion dollars at the time of the financial crisis to nearly 28 trillion dollars by the end of the previous year. This surge raises total debt as a percentage of GDP from 140% to almost 260%. While the government's decision to open the credit floodgates temporarily saves the Chinese economy, it creates a dependency on borrowing and leads to serious asset bubbles. The ultimate challenge lies ahead for Beijing as it attempts to reduce the country's reliance on this debt.
When was China's debt explosion released?
China's debt explosion was released in 2017.
How long is China's debt explosion?
China's debt explosion has a runtime of 1 minutes.
Where can I watch China's debt explosion?
You can watch China's debt explosion on iWonder.
What genre is China's debt explosion?
China's debt explosion is classified as Politics, Business.
What topics does China's debt explosion cover?
China's debt explosion explores topics including financial-crisis, monetary-policy.
Is China's debt explosion available for free?
China's debt explosion is available to stream on iWonder. Check the film page for current availability and any subscription requirements.
Can I watch China's debt explosion with subtitles?
Subtitles may be available for China's debt explosion on iWonder. Look for the CC (closed captions) button in the video player when available.