Oct 23 2024 32 mins 3
David Wang, Professor at the Virginia Tech Dept. of Economics and former Credit Suisse Head of APAC (ex-Japan)Economics, joins us to discuss deflationary risks in the Chinese economy and whether the recent policy stimulus can address these pressures.
- (00:00) - Introduction
- (01:31) - China’s Economic Prospects
- (05:10) - Drivers of deflationary pressures
- (08:37) - Expectations for household confidence
- (11:11) - New productive forces and labour productivity
- (15:46) - Assessment of Recent Policy Actions
- (17:37) - Fiscal Support and Consumption Policies
- (26:16) - Risks of a deflationary spiral
- (29:09) - High Leverage and deflation
- (32:12) - Outro
