China CPI for 2022 Between 2% to 3%, Says Nomura's Lu

The video discusses the current state and future outlook of China's PPI and CPI, highlighting the impact of COVID-19 on inflation and demand. It examines government policies affecting inflation, challenges to economic growth, and the strength of the renminbi. The discussion also covers potential future economic policies and their implications for China's economy.

What is the expected trend for PPI in the coming months?

• Increase to 15%

• Decline to 11-10%

• Remain stable at current levels

• Increase to 20%

What factor is contributing to the potential rise in CPI?

• Decrease in food inflation

• Strong final demand

• Weak final demand

• High base effect

What recent changes have been made by the Chinese government regarding energy policies?

• Increased carbon emissions

• Reduced coal supply

• Increased power supply

• No changes in energy policies

What is a significant challenge for China's economic growth next year?

• Declining land sales

• High export growth

• Increased consumer spending

• Strong property sector

How might the zero COVID strategy impact China's economy?

• Reduce government spending

• Hinder growth

• Increase consumption

• Boost investment

What is the current status of the renminbi against the dollar?

• Stronger than 2018 levels

• Weaker than the basket

• Weaker than 2018 levels

• Unchanged since 2018

What is the main focus for the PBOC next year?

• Reduce export growth

• Strengthen the renminbi

• Increase inflation

• Achieve economic stability