PBOC Turns to Niche Policy Tool to Boost Growth

The video discusses China's targeted lending approach, focusing on relending programs to support smaller companies and specific sectors without broad interest rate cuts. It highlights the importance of maintaining economic activity without excessive stimulus, emphasizing financial discipline and risk management, especially in light of issues like Evergrande.

What is the primary goal of China's relending program?

• To increase the broad interest rate

• To provide cheaper loans to smaller companies

• To reduce the triple or ratio

• To supercharge economic activity

Which sector is NOT mentioned as a target for China's relending program?

• Agriculture

• Innovative space

• Poverty relief projects

• Real estate development

Why is China avoiding broad policy actions like interest rate cuts?

• To keep economic activity steady without excessive stimulus

• Due to a lack of external demand

• Because the economy is falling off a cliff

• To maintain a 10% growth target

What economic indicator is China aiming to achieve by the end of the year?

• A 5% unemployment rate

• A 10% growth rate

• A 6% growth target

• A 3% inflation rate

What is one reason for China's focus on financial discipline?

• To encourage a borrowing and debt binge

• To manage systemic and financial risks

• To boost the real estate market

• To increase consumer spending