IMF's Dire Picture for China's Property Market

The transcript discusses China's economic challenges and forecasts, highlighting the impact of the property sector struggles, COVID-19 management, and external demand on growth. It examines the potential for political change at the party Congress and its implications for economic and public health policies. The discussion also covers China's long-term growth prospects, emphasizing the need for market-based reforms. Finally, it analyzes China's monetary and fiscal policies, suggesting a shift towards supporting consumption to boost demand.

What potential risks could arise from the housing slump mentioned in the IMF report?

In what ways could China achieve the doubling of its GDP by 2035 as promised by President Xi Jinping?

What are the implications of shifting fiscal policy from investment to consumption?