Jiang says China resists financial liberalization because it fears a Japan-style easy-credit shock like the late-1980s and early-1990s Plaza Accord era that weakened Japanese manufacturing power.
Topic brief
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Easy Credit
A transcript-matched topic anchored by excerpts such as "...if there's liberalization going on, then China could receive too much easy credit like Japan did in the late 80s and early 90s, the..."
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Topic Scope And Freshness
A transcript-matched topic anchored by excerpts such as "...if there's liberalization going on, then China could receive too much easy credit like Japan did in the late 80s and early 90s, the..."
Key Notes
Timestamped Evidence
"...if there's liberalization going on, then China could receive too much easy credit like Japan did in the late 80s and early 90s, the..."
"...resources from you. They bankrupt you. They promise you all this easy credit, all this easy money. You become addicted to easy money, just..."
"...the door for Wall Street to come in and start giving easy credit to Chinese consumers. The very idea behind this is that America..."
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