China SME Sentiment Hits Record-Low

The video discusses the potential downturn in China's economic growth due to the coronavirus, as indicated by the SME Confidence Index. The index, a predictor of the PMI, shows a significant drop, reflecting disruptions in production and services. The government is expected to implement countercyclical policies, including fiscal measures and infrastructure investments, to support SMEs, which are crucial for employment and revenue. Monetary policies may also be adjusted to ensure liquidity and credit growth, aiming for economic recovery if the virus is controlled.

What does the recent survey of SMEs indicate about China's economic growth?

How has the SME Confidence Index changed recently, and what does this reflect?

What are the potential impacts of the coronavirus on SMEs as discussed in the text?

What is the significance of SMEs in China's economy according to the text?

What measures is the Chinese government expected to implement to support SMEs?