JPMorgan's Mowat: See China Credit Growth Around 14%

The video discusses the strong mortgage growth in China and the associated risks of poor-quality loans. It explains the PBOC's neutral policy stance and its implications for credit growth and interest rates. The analysis extends to the US dollar's weakening trend, influenced by global currency dynamics and trade disputes. The video also covers the BOJ's potential policy adjustments in response to rising inflation expectations in Japan, highlighting the challenges of achieving wage growth.

What was the growth rate of mortgage loans in China last year?

• 20%

• 40%

• 10%

• 30%

What is the expected credit growth rate in China for this year?

• 10%

• 14%

• 18%

• 20%

What is the forecasted value of the DXY index by the end of the year?

• 95

• 100

• 105

• 90

What is a potential outcome of trade disputes on the US dollar?

• Strengthening of the dollar

• Weakening of the dollar

• No impact on the dollar

• Increase in dollar reserves

What is the current target for the 10-year bond yield by the BOJ?

• 0%

• 0.5%

• 1%

• 1.5%