Magnus: China Bleeding Capital at $50 Billion a Month

The video discusses China's economic challenges, focusing on capital outflows, foreign exchange reserves, and currency depreciation. It highlights the efforts of Chinese leadership to maintain stability amid these issues, especially before the 19th Congress. The discussion includes potential political changes and the impact of debt management on growth, suggesting a possible future RMB depreciation.

What is one of the main economic challenges China is facing according to the video?

• Rising inflation rates

• Decreasing population

• Increasing foreign investments

• Capital outflows

What is the average monthly capital outflow from China as mentioned in the video?

• $10 billion

• $100 billion

• $200 billion

• $50 billion

What is the Chinese government's stance on deep pegging the yuan to the dollar?

• They are planning to do it soon

• They are considering it for 2020

• They have no desire to do it

• They have already done it

Who is the one person on the Politburo Standing Committee that President Xi likely wants to keep?

• The Minister of Finance

• The Vice President

• The head of the anti-corruption campaign

• The Minister of Foreign Affairs

What could be a consequence of China dealing with its credit creation problem?

• Increased foreign investment

• Rapid economic growth

• A period of slower growth

• Immediate economic recovery

What growth rate is expected if China seriously addresses its credit issues?

• Around 10-12%

• Around 2-3%

• Around 5-6%

• Around 7-8%

What is the potential impact on China's growth if debt management is not voluntary?

• It will lead to a financial crisis

• It will have no impact

• It will result in rapid growth

• It will stabilize the economy