How Stimulus and Trade Add Up to a 'Stable Year' for China

The video discusses China's economic deceleration, with growth expected to slow to 6% from 6.6% last year. The government is implementing fiscal and monetary stimulus to support growth, with a focus on maintaining a stable year through a trade accord with the US. The discussion highlights the challenges of a top-down economy, the impact of trade concerns on investment, and the segmentation of China's economy. Market optimism is noted, particularly in Chinese equities, with a need for economic opening and stimulus to address rising unemployment and maintain the social contract.

What are the implications of the segmentation of the economy in China?

In what ways does unemployment affect the social contract between the Chinese authorities and the people?