Staying Neutral on China, Lombard Odier's Lee Says

The transcript discusses China's economic risks and the policy signals from authorities. It highlights the focus on fiscal policy, including potential higher deficit targets and Treasury bond issuance. The need for positive inflation and the role of monetary policy are also addressed. The discussion emphasizes the importance of a flexible framework and outlines a market strategy in the absence of significant policy changes.

What changes in monetary policy framework have been observed from the authorities?

What is the risk mentioned regarding the monetary easing and fiscal easing?