More Chinese Property Developers May Face Defaults, Vanguard Says

The transcript discusses the impact of the Omicron variant on China's zero COVID-19 strategy, highlighting the challenges of maintaining such a policy due to its high transmissibility. It examines the economic implications for China, particularly in the first quarter, and the potential need for government stimulus. The discussion shifts to the Federal Reserve's approach to inflation, considering the possibility of interest rate hikes and the factors influencing inflation. The transcript also covers monetary policy in Asian economies, with a focus on the Bank of Korea, and concludes with an analysis of risks in China's property sector, including debt maturity and market volatility.

What factors are contributing to the expected inflation trends in the first quarter of the year?

How is the property sector in China expected to be affected by the current economic conditions?

What measures might the Chinese government take to stabilize the property market?