Richard Duncan: China Is Facing a ‘Serious Crisis’

In a special edition of the Big Picture, we reprise a compelling interview with Richard Duncan, conducted recently by Cris Sheridan on FS Insider. China experienced the “greatest economic boom in the history of the world” based on an export-led and investment-driven growth model, says Macro Watch’s Richard Duncan. Unfortunately, with a slowing global economy and decreasing demand for Chinese exports, China is now facing a “serious crisis.” Richard discusses the magnitude of the problem, how Chinese policymakers are handling it, and how the move towards protectionism in the US and abroad is a problem as well. Richard Duncan is Chief Economist at Blackhorse Asset Management in Singapore and publishes the Macro Watch video newsletter. This interview is an example of the quality programming available to subscribers of FS Insider.

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