China Macro Data to Soften Even More, Citi's Apabhai Says

The video discusses China's aggregate financing and the insufficient PBOC stimulus to revive credit growth. Analysts predict a fall in growth, with global disinflation affecting bond markets. The trade war has led consumers to shift from luxury to staple goods. The macroeconomic data is expected to soften, with a clearer picture emerging in the second quarter, potentially affecting equity markets.

What is the main concern regarding the PBOC's stimulus in China?

• It has increased unemployment rates.

• It has caused a housing market crash.

• It has not sufficiently revived credit growth.

• It has led to excessive inflation.

What global economic trend is affecting bond markets?

• Disinflation

• Deflation

• Hyperinflation

• Stagflation

How are consumers in China adjusting their purchasing behavior?

• They are buying more luxury goods.

• They are investing in real estate.

• They are saving more money in banks.

• They are moving towards staple commodities.

What event is expected to cloud China's economic data in the near term?

• Dragon Boat Festival

• Chinese New Year

• Mid-Autumn Festival

• Golden Week

When is a potential economic recovery expected in China?

• Fourth quarter

• Third quarter

• Second quarter

• First quarter