ANZ's Yeung on China's Trade Preview

The video discusses the contraction in trade numbers, particularly exports, due to global demand and supply chain issues. It highlights China's strategy to boost domestic demand by reopening post-COVID-19, despite potential challenges. The impact of currency fluctuations on trade and the diversification of production bases are analyzed. The video also addresses the property market slowdown and fiscal challenges faced by local governments, emphasizing the need for supportive policies.

What is one of the main reasons for the contraction in trade numbers, especially exports, as discussed in the video?

• Improved export performance

• Strong global demand

• Supply chain disruptions

• Increased domestic demand

How is China planning to offset the weakness in external demand?

• By increasing exports

• By focusing on domestic activity

• By reducing social activities

• By devaluing the currency

What is the expected GDP growth rate for China next year, according to the video?

• 3%

• 5.4%

• 6%

• 4.5%

What is the impact of a stronger Chinese yuan on trade, as mentioned in the video?

• It has no impact on trade

• It creates a hurdle for trade improvement

• It strengthens the supply chain

• It boosts export performance

What is a major concern for the Chinese property market in the medium term?

• High mortgage rates

• Expectation changes by households

• Increased foreign investment

• Rapid construction growth