Logan Wright argues China's credit-driven growth model has become a structural trap

In this ChinaTalk interview, Rhodium Group's Logan Wright argues China's economy is constrained by a financial system that no longer generates growth, so slowdown is structural rather than cyclical.

He says property collapse, weak domestic demand, and surging exports are linked, and that new industries like EVs and AI cannot replace lost investment-driven growth.

The discussion also covers youth unemployment, fiscal limits, and what a low-growth China means for Western policy.