What Are China's Priorities at NPC?

The transcript discusses China's economic reforms, focusing on supply side reforms, the debate over maintaining a growth target, the role of the People's Bank of China (PBOC) in monetary policy, and the risks within the banking system. It highlights the challenges of implementing painful reforms, the significance of growth targets, potential monetary policy adjustments, and the need for stricter banking regulations to manage systemic risks.

What are the key areas the government is expected to focus on during the MPC?

Why is it considered hard for the Chinese government to drop the growth target?

What potential external factors could influence the government's decision on the growth target?

How does the Central Bank's monetary policy relate to the growth target?

What concerns have been raised regarding the banking system and shadow credit?