China Will See Big Slow Down in Growth in 2022: Chu

The video discusses the current economic challenges facing China, highlighting an unprecedented slowdown with modest easing from authorities. Inflation, particularly PPI, remains high, limiting aggressive stimulus. The zero COVID strategy is a major constraint on growth, with authorities likely to maintain strict measures due to upcoming events like the Olympics and the party Congress. This approach could exacerbate supply side issues and contribute to global inflation.

What are the current challenges facing the Chinese economy as discussed in the text?

What role does inflation play in the current economic scenario of China according to the text?

How does the text describe the expected economic growth in China for 2022?

What is the significance of the zero COVID strategy mentioned in the text?

What are the implications of the political risks associated with the COVID-19 policy in China?