Cornell University's Prasad on China's Growth

The video discusses the need for market discipline in China's economy, highlighting challenges such as weak private sector confidence, financial distress, and youth unemployment. It emphasizes the importance of government reforms, transparency, and private sector support to achieve sustainable growth. The discussion also touches on the potential 'Japanification' of China's economy and the need for market-oriented reforms.

How has the Chinese government attempted to introduce market discipline in the financial system?

What are the main factors contributing to the weak private sector confidence in China?

In what ways has the tightening of restrictions on the private sector affected economic confidence?

What challenges does China face in achieving sustainable economic growth?

Discuss the implications of youth unemployment on China's economic stability.

What role does transparency play in building business confidence in China?

What are the potential consequences of the mismatch in the labor market in China?