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Logan Wright
Trends
- 1Rhodium analyst declares China's economic growth model broken●China's own economic miracle just got declared broken, by one of the people who studies it closest. Logan Wright of Rhod
Logan Wright of Rhodium Group, a leading researcher of China's economy, argues in his new book 'Broken China' that the country's credit-dependent, investment-driven growth model has essentially come to an end. The claim is drawing attention among economists and China watchers, who are debating whether the country can sustain growth without the debt-fueled investment that powered its decades-long economic miracle.
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Logan Wright, a China economic analyst, is being featured discussing what he describes as the country's financial decay. The piece examines mounting strains in China's financial system, including debt burdens and weakening credit conditions, and what they could mean for the world's second-largest economy.