We've Seen the Best of Global Growth, Says HSBC's Henry

The video discusses the potential impact of increased tariffs on global growth, highlighting the risks to world trade and inflation. It examines how tariffs might affect consumer prices and company profits. The discussion also covers China's monetary policy, focusing on the PBOC's strategies to manage economic challenges without necessarily cutting interest rates.

What is the expected impact of a 1.9% reduction in growth for the next year?

• It will lead to a global economic boom.

• It will be unhelpful and add to downside risks.

• It will have no impact on global growth.

• It will boost global growth significantly.

How might the increase in Chinese tariffs affect world trade?

• It will only affect the US economy.

• It will enhance world trade significantly.

• It will be damaging for world trade.

• It will have no effect on world trade.

What is a potential consequence of tariffs on US inflation?

• Tariffs may lead to higher consumer prices.

• Tariffs will only affect the stock market.

• Tariffs will have no effect on inflation.

• Tariffs will decrease consumer prices.

What has the PBOC done to manage economic challenges?

• Stopped all monetary policy interventions.

• Increased interest rates significantly.

• Implemented tax cuts and adjusted reserve requirements.

• Reduced fiscal spending drastically.

What is the likelihood of the PBOC cutting interest rates in 2019?

• It is certain they will cut rates.

• It is unclear if they will cut rates.

• They have already cut rates significantly.

• They have announced no rate cuts.