ANZ on China Economy: 'Deflation Story Is Coming'

The video discusses China's economic outlook, focusing on growth forecasts, government targets, and the challenges posed by youth unemployment and the property sector. It highlights the importance of confidence in property investment and the need for policy measures to address deflation concerns. The concept of common prosperity is explored, emphasizing the need to boost economic momentum and domestic demand.

What is the growth forecast for China, and how does it compare to the government's target?

• 5.0%, exactly the target

• 4.5%, significantly below the target

• 5.1%, above the target

• 4.9%, slightly below the target

What is identified as a key issue affecting the property sector in China?

• High interest rates

• Excessive foreign investment

• Lack of confidence

• Over-regulation

What is the contraction percentage in property investment mentioned in the transcript?

• 6.7%

• 5.5%

• 8.0%

• 7.2%

What does the concept of 'common prosperity' aim to achieve in China?

• Reduce government spending

• Expand the property market

• Level up the middle class

• Increase foreign investments

What is a potential long-term risk if confidence in the private sector is not restored?

• Stagflation

• Deflation

• Inflation

• Hyperinflation