Book Interview: China’s Great Wall of Debt
FS Insider interviews China expert Dinny McMahon to discuss his must-read book, China’s Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle. Dinny spent ten years as a financial journalist in China, including six years in Beijing at The Wall Street Journal, and now lives in Chicago where he works at MacroPolo, a think tank focused on Chinese economic issues. In this interview, Dinny covers the unprecedented pace at which China has grown its debt, why they are having a hard time reversing course, and why China’s economic ascent is going to face major headwinds in the years ahead. Buy the book on Amazon by clicking here.