Photo by Bernd 📷 Dittrich on Unsplash

China’s Problem: GDP Growth Without Wealth Creation

Tony Yiu
Alpha Beta Blog
Published in
4 min readMay 17, 2024

--

I was listening to an interview that Bloomberg conducted with Hugh Hendry (it was a recent Odd Lots episode), a hedge fund manager. And one thing he said really stuck with me. Paraphrasing from memory, I think he said:

“China is really good at producing GDP growth, but it’s really bad at producing wealth growth.”

--

--

Tony Yiu
Alpha Beta Blog

Data scientist. Founder Alpha Beta Blog. Doing my best to explain the complex in plain English. Support my writing: https://tonester524.medium.com/membership