The Chinese Have Engineered a Credit Slowdown, Says Michael Shaoul

The video discusses the Chinese financial system, highlighting a domestic slowdown engineered by the government. It examines the impact of President Xi's policies on shadow banking and the dual nature of China's financial systems, where favored borrowers benefit more. The concept of financial creative destruction within China's non-western system is explored, along with the role of surveillance. The video concludes with a discussion on the recent economic deceleration and ongoing restrictions on shadow banking.

In what ways does the Chinese financial system exhibit surveillance?

What signs indicate the central authorities' comfort level with the current state of shadow banking?