Media & Video

China’s Imbalances (Financial Times)


Financial Times -- Fred Hu, chairman of Primavera Capital and former chairman for Greater China at Goldman Sachs, tells the FT’s Jamil Anderlini why China’s economy is struggling to cope with imbalances in the supply of credit between state-owned enterprises and the private sector and an overheated real estate sector that has similar characteristics to the pre-bubble property markets in the US and the UK.

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