China Economy Needs More 'Fiscal Push,' Eastspring Says

The video discusses the economic situation in China, focusing on the government's approach to monetary policy and economic stimulus. It highlights the need for fiscal support, especially for the youth population facing high unemployment. The discussion also covers recent market rallies and portfolio strategies, emphasizing a positive outlook on global equities despite potential recession risks.

What is the expected change in the prime rate according to the discussion?

• 5 basis points

• 20 basis points

• 15 basis points

• 10 basis points

Why are small monetary adjustments considered insufficient for China's economic rebound?

• They act more as a signaling mechanism

• They have a hard impact on the economy

• They are not enough to signal market positivity

• They are too large to implement effectively

What is identified as a necessary support for economic recovery in China?

• Increased monetary policy

• Reduced consumer spending

• More fiscal push

• Higher interest rates

How has the recent risk rally been characterized?

• Driven by manufacturing

• Led by declining equities

• Broad and inclusive

• Narrow in nature

What is the current stance on global equities according to the portfolio strategy?

• Underweight

• Neutral

• Overweight

• Risk-off