Liu: China's Growth Recovery Not On Strong Footing Yet

The video discusses the vicious cycle affecting China's housing market, highlighting the role of developers, banks, and overall confidence. It examines China's growth forecasts, policy risks, and the impact of COVID-19. The video also covers policy stimulus measures, challenges in the property sector, and the role of SOEs in stabilizing the market. Additionally, it explores monetary policy, interest rates, and the potential for fiscal policy adjustments.

What are the two main uncertainties affecting China's growth momentum?

• Technological advancements and education

• Property sector risk and COVID-related pandemic control

• Trade wars and inflation

• Currency devaluation and unemployment

What policy measures has China introduced to stimulate growth?

• Increasing taxes and reducing government spending

• Imposing trade tariffs and reducing exports

• Relaxation of property sector policies and fiscal stimulus

• Raising interest rates and cutting public sector jobs

How has the Omicron variant affected China's property sector recovery?

• It has had no impact

• It has accelerated the recovery

• It has completely halted the recovery

• It has slowed down the recovery

What is the expected range of infrastructure project-related spending in China?

• 500 billion to 1 trillion

• 1 to 2 trillion

• 2 to 3 trillion

• 3 to 4 trillion

What role can SOEs play in stabilizing the property sector?

• They can impose stricter regulations

• They can increase taxes

• They can play a proactive role in stabilizing market confidence

• They can reduce interest rates

What is the financial condition of most SOE developers?

• They are heavily indebted

• They have sound financial conditions

• They are not involved in the property sector

• They are on the verge of bankruptcy

What is the competitive landscape of the property sector expected to involve?

• Only SOE players

• Only private sector players

• Both SOE and healthy private sector players

• Neither SOE nor private sector players