meta_pixel
Tapesearch Logo
Log in
Money Rehab with Nicole Lapin

How China's "Debt Bomb" Will Affect Your Investments

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.41.4K Ratings

🗓️ 12 July 2023

⏱️ 7 minutes

🧾️ Download transcript

Summary

You might think that China's ticking "debt bomb" might not have anything to do with you if you're living outside of Asia; but if that were true, then why did US Secretary of Treasury Janet Yellen fly across the world to meet with China's top economic policymakers?

Transcript

Click on a timestamp to play from that location

0:00.0

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

0:07.0

It's time for some money rehab.

0:16.0

For your weekly roundup of the biggest headlines on Wall Street and how they affect you

0:19.7

in your wallet, I try to pick a handful of interesting stories that relate to the world

0:24.0

of business news, investing, and the economy.

0:27.1

But sometimes a story is so big that it needs a whole episode, and that's the case with

0:32.7

this week's story.

0:34.0

Treasury Secretary Janet Yellen's visit to China.

0:37.0

It follows the visit to China made by Anthony Blinken, the US Secretary of State, about a

0:41.4

week before.

0:42.4

And Yellen's trip will be followed by John Kerry, who is set to travel to China later

0:46.6

this month for talks on climate issues.

0:49.2

We don't have time to get into the entire history of US China, or sometimes as they're

0:54.1

referred to US Sino relations, but the heart of the US-China relationship is a financial

1:00.0

one with big implications for the American and global economies.

1:05.1

So let's take a look at some of the issues that made Yellen pack up her scarves, pop her

1:09.2

collar, and fly to the other side of the world.

1:11.7

To set the stage after decades of explosive growth and heavy investments in countries

1:16.2

around the world, China's economy is faltering.

1:19.7

And then that shall result from structural conditions like an aging workforce and an

1:24.2

increasingly unstable business environment.

1:27.0

These problems are hardly unusual, but what happens in China doesn't stay in China, because

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Money News Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Money News Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.