Globalized Trade and China's Economic Transition

The video discusses the challenges of globalization, focusing on the economic transitions in China. It highlights the shift from manufacturing to consumer-driven growth, the impact of infrastructure spending, and the potential debt crisis. The discussion also covers the role of consumer spending in economic growth, the risks of excessive indebtedness, and the implications of deflation. The video concludes with an analysis of future economic prospects and the need for policy adjustments.

What are the economic reasons mentioned for the difficulties in trade and GDP growth?

How has globalization impacted manufacturing in China compared to Europe and North America?

What role does infrastructure spending play in China's economy according to the text?

Discuss the implications of the Chinese consumer's spending compared to the US consumer's spending.

What are the potential consequences of China's excessive indebtedness as mentioned in the text?

How does the text differentiate between good deflation and bad deflation?

What is the significance of the term 'age of deleveraging' as used in the text?