ANZ's Yetsenga Expects China's House Prices to Slow in 2H

The transcript discusses the implementation of market policies, focusing on the credibility of growth targets and the impact of deleveraging on different sectors. It highlights the slowdown in the Chinese housing market, particularly in the secondary market, and examines the effects of monetary policy on economic trends. The discussion suggests that while there will be a slowdown, it is expected to be less severe than previous cycles.

What are the potential economic consequences of the pronounced slowdown in the secondary market?

In what ways does the current monetary policy differ from that of 2014?