All China's Stimulus Measures Are Encouraging: Yeung

The video discusses recent mortgage measures in China, including reduced down payments and interest rate cuts, aimed at boosting consumption. It highlights the importance of consumer confidence and the role of government in preventing a balance sheet recession. The discussion also covers the risks of negative equity and the need for careful management of price expectations to avoid economic instability.

What is one of the key measures introduced by the government to encourage consumption?

• Reducing interest rates

• Limiting housing loans

• Increasing mortgage down payments

• Raising property taxes

Why is consumer confidence crucial for the success of the government's economic measures?

• It impacts government revenue

• It directly affects the stock market

• It determines the level of exports

• It influences spending and investment behavior

What does the government need to do to avoid a balance sheet recession similar to Japan's?

• Focus solely on monetary policy

• Implement more fiscal policies

• Reduce public spending

• Increase interest rates

How can the housing market contribute to economic stability?

• By limiting housing loans

• By increasing property taxes

• By encouraging apartment upgrades

• By reducing the number of available homes

What is a potential risk if property prices decline significantly?

• Higher household savings

• Negative equity and fire sales

• Increased foreign investment

• Improved consumer confidence