Chinese Investors Are in a Waiting Game: BNP Paribas

The transcript discusses market caution due to China's past experiences and the anticipation of stimulus measures. It highlights the impact of central bank meetings on market actions and the role of the PBOC in addressing China's economic challenges. The discussion covers the need for both monetary and fiscal policies to address issues like the property market and local government fiscal balance sheets.

In what ways might the new PBOC governor influence monetary policy?

What are the challenges facing the Chinese economy that require more than just monetary policy solutions?