PBOC Will Keep Its Accomodative Stance, Says BBVA’s Xia

The video discusses the implications of the 2020 RR cut by the Chinese Central Bank, highlighting its impact on the economy, trade war, exchange rate, and debt concerns. It explores the PBOC's accommodative stance and the use of liquidity and quantitative tools over interest rate cuts to stimulate the economy. The video also examines the expected effects on the loan prime rate, predicting a decrease due to market pressures.

What are the anticipated effects of the interest rate cuts on market confidence in China?

What is the expected trend for the Loan Prime Rate (LPR) in the coming year?