PBOC Won't `Pump Up Growth at Any Cost,' Haitong's Carr Says

The transcript discusses China's economic slowdown, policy responses, and the impact of US-China trade tensions. It highlights the potential for moderate stimulus and reforms in China, as well as the challenges in stabilizing the Chinese currency. The discussion also covers the broader implications of trade negotiations, including intellectual property and technology ambitions, and the potential shift in US policy towards national security concerns.

What is the central Economic Work Conference's indication regarding China's GDP growth rate?

• It will decrease to 4%

• It will stabilize around 6%

• It will remain unchanged

• It will increase to 8%

What recent actions have the Chinese taken to improve trade relations with the US?

• Increased tariffs on US goods

• Lifted auto tariffs and purchased agricultural products

• Reduced soybean production

• Banned US technology imports

What monetary policy action is expected from the PBOC in the near future?

• Implement RR cuts

• Reduce local government bonds

• Increase interest rates

• Ban foreign investments

What significant event is China preparing for that may influence economic reform?

• 20th anniversary of the WTO entry

• 50th anniversary of the Communist Party

• 40th anniversary of reform and opening up

• 100th anniversary of the People's Republic

What are the broader issues in US-China trade negotiations beyond trade deficits?

• Military alliances

• Intellectual property and technology ambitions

• Environmental policies

• Cultural exchanges

What shift in US policy might occur regarding China in 2019?

• Focus on cultural exchanges

• Emphasize national security concerns

• Promote joint military exercises

• Increase tourism

What is a potential outcome if US-China trade negotiations address key concerns?

• Increased tariffs on both sides

• Resolution of trade tensions

• Complete ban on Chinese imports

• US withdrawal from trade agreements