BN Charlie Zhu on PBOC for digital

The transcript discusses the economic challenges faced by China, including declining exports, low consumer spending, and negative producer prices. It highlights the debate over whether the People's Bank of China (PBOC) should implement rate cuts to stimulate the economy, considering the high levels of debt and geopolitical risks. The potential impact of global economic factors, such as US interest rates, on China's monetary policy is also examined.

What risks might arise if the PBOC decides to implement significant rate cuts?

How could changes in U.S. interest rates impact the Chinese economy?