Moody's Analytics' Ell on Global Economy

The video discusses China's economic strategies, focusing on its GDP growth target of 5% for the year, aiming to surprise on the upside by banking on domestic demand amidst global slowdowns. It examines the easing of supply chain stress and modest inflationary pressures, predicting a global cooling of inflation. The video also highlights China's fiscal policy, with a projected fiscal deficit of 3% of GDP, and the need for ongoing support for the property market. Finally, it explores the positive impact of China's reopening on economies like Australia, particularly in education and tourism sectors.

What is the GDP growth target set by China for this year?

How does the expected slowdown in the US and Europe impact China's economy?

What role does domestic demand play in China's economic strategy?

What is the projected fiscal deficit for China as a proportion of GDP this year?

How might China's reopening affect economies reliant on it, such as Australia?