China's 'Tepid' Growth Expected in Second Half: StanChart's Shen

The video discusses the expected economic growth in China, highlighting the role of stimulus plans to maintain growth within the target range. It examines the potential impact of the trade war on the Chinese yuan and the likelihood of policy measures to defend its value. The discussion also covers the behavior of Chinese and U.S. equity markets amidst trade tensions and the possibility of further policy easing by the PBOC to support the economy.

What might happen if the economy weakens substantially more?

What measures might policymakers take to defend the yuan?