Fed's Unwind and Its Impact on the PBOC

The transcript discusses the impact of the Federal Reserve's unwind on China, highlighting the challenges posed by higher US interest rates and a stronger dollar. Despite these challenges, China is seen as resilient, with capital inflows and balanced yuan pressures. The People's Bank of China (PBOC) is expected to maintain current rates until after the party congress, with future policies likely aligning with China's deleveraging goals. The transcript also touches on the potential loosening of capital controls and opening the financial system to foreign firms.

What is the significance of capital inflows into China as mentioned in the text?

What are the implications of China's deleveraging agenda in relation to interest rates?