China’s Domestic Demand Still on a Weakening Trend, Says Natwest Markets’s Liu

The transcript discusses the current economic situation in China, focusing on inflation, easing policies, and GDP forecasts. It highlights the impact of food-driven inflation on CPI, the cautious approach of the PBOC in easing policies due to deleveraging constraints, and the challenges in stimulating the economy through bank lending. The discussion also covers the GDP forecast, indicating potential downside risks and the possibility of the government lowering growth targets.

In what ways might the Chinese economy's response to bank lending differ from previous years?

What are the projected GDP growth rates for the upcoming quarters, and what factors influence these projections?