ep. 202


The China Reopening: A Tale of Two Stories | Shehzad Qazi

On today's episode of On the Margin, Shehzad Qazi Managing Director at China Beige Book joins the show for a discussion on the cyclical and secular outlook for the Chinese economy.

As China has announced their full reopening, Shehzad is able to walk through the data China beige Book has been able to collect throughout January and February. Expecting a positive year for China, Shehzad walks through both the cyclical and more structural slower growth environment China will experience over the coming decade due to Xi Jinping's new focus on "common prosperity", as appose to growth at all costs. To hear all this and more, you'll have to tune in!


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Today's show is sponsored by Public.com: Get a 5.1% yield when you open a government-backed Treasury Account.* That's a higher yield than a high-yield savings account.** Go to https://Public.com/onthemargin

*26-week T-bill rate (as of 3/8/23) when held to maturity. Rate shown is gross of fees.

**As compared to the national high-yield savings average of 3.43% (Source: Time.com/NextAdvisor as of 12/30/22).



(00:00) Introduction

(00:27) The Chinese Lockdown of 2022

(02:17) China In 2023: A Tale of Two Stories

(07:30) The Chinese Credit Impulse

(10:03) Public Ad

(11:26) The Chinese Banking System

(16:13) The Reopening's Impact On Commodities

(19:25) Will The Reopening In China Spur Inflation?

(24:57) U.S & China In The Great Power Competition

(36:08) China's Demographic Decline

(40:20) A New Paradigm Over The Next Decade


Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

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