BlackRock's Hildebrand: Trade Is Main Short-Term Risk to Global Economy

The video discusses the evolving trade dynamics between the US and China, highlighting the strategic confrontation and its implications for global economic growth. It examines the risks posed by trade tensions, potential impacts on business investment, and the role of sentiment in economic stability. The discussion also covers the growing influence of China in the global economy, the interaction between the US and China, and the importance of Chinese monetary policy in maintaining economic stability.

What role does the Chinese economy play in the global economic system according to the text?

How do the Chinese authorities respond to economic weakness, and what instruments do they use?