HSBC's Wang Says China's Growth Picture Is Robust

The video discusses the People's Bank of China's (PBOC) tightening measures and their impact on the economy, highlighting the effects on inflation, growth, and various sectors like manufacturing and housing. It examines credit growth trends and new economic drivers, such as ICT and electronics, while addressing the need for policy calibration to manage economic risks and avoid deflation. The discussion emphasizes the importance of balancing policies to support growth and upgrade outdated technology.

What factors are contributing to the defacto tightening in the economy?

How is the growth picture expected to change in 2018 compared to 2017?

In what ways is the Chinese economy expected to be driven by factors other than investment?

What are the new growth drivers mentioned in the text?

What risks are associated with policymakers potentially over-tightening?