China's Economy: On The Verge of Collapse – Or Not? Leland Miller, CEO, China Beige Book

Driving with Dunne

What is the truth about China' economy today? Read the headlines or social media and we could be forgiven for thinking that the People's Republic is falling apart. The 42 trillion property market seems to be in a death spiral. Youth unemployment is at record highs. Government debt keeps rocketing higher. And just this week, reports that foreign companies took $160 billion out of the country in the past 6 quarters. All of this makes for a riveting picture of a fragile China, a cracking and crumbling China. But is it accurate? Enter Leland Miller, CEO, The China Beige Book. Tracking China's economy since the 1990s, Leland knows China. And he knows that to really understand what is going on, you must compare and discount several streams of information at the same time. His take on where China stands to today and her economy will surprise many. China is never as good as it seems from afar. Nor is it as bad. I know you will enjoy this conversation with Leland Miller, CEO, China Beige Book.