Dmitri Alperovitch and guest co-host Patrick Gray interview Alicia García-Herrero, a Spanish-born economist based in the indo-Pacific and who specializes on China. They discussed why China has exhausted its growth potential and is now facing structured deceleration, which will be a major global deflationary trend. Other topics covered: why the real-estate bubble will likely not cause a dire crisis, why stimulus spending will not solve China's fundamental problems, why China has not yet experienced the full impact of its demographics collapse, why their economic productivity is not improving and the impact of their economy on the future of Belt and Road Initiative (BRI)

Preorder link for Dmitri's upcoming book "World on the Brink: How America Can Beat China in the Race for the Twenty-First Century": https://www.amazon.com/dp/B0CF1TKHY2