Algebris' Gallo Says We Should Thank China

The video discusses a new economic era focusing on sustainable growth and addressing inequality, with China leading the way. It highlights China's shift from GDP-focused growth to quality growth, emphasizing economic reforms and deleveraging. The global economic dynamics are explored, noting China's past role as a growth engine and the current synchronous global expansion. The video also examines the bond market, China's dollar issuance, and the need for foreign savings to support economic growth and deleveraging.

In what ways does the text suggest that China is addressing inequality?

What role does the bond market play in China's economic strategy as discussed in the text?