Deutsche Bank's Lee on Asia Economic Weekahead

The transcript discusses the economic impact of a recent outbreak, focusing on China's expected slowdown in growth and the People's Bank of China's (PBOC) monetary policy actions, including potential rate cuts. It also covers fiscal easing measures to support economic recovery and growth in the second half of the year. Additionally, it highlights Japan's economic resilience, avoiding a double-dip recession, and the public's adaptation to COVID-19, which has limited the impact compared to initial outbreaks.

What is the expected growth rate for China's third quarter as mentioned in the video?

• 1.0%

• 2.0%

• 0.7%

• 1.3%

What action is the PBOC expected to take in September?

• Maintain current policy rate

• Cut policy rate by 10 basis points

• Increase policy rate by 10 basis points

• Introduce new monetary policy

What is the anticipated effect of the PBOC's policy changes on credit growth?

• Uncertain impact on credit growth

• No change in credit growth

• Decrease in credit growth

• Stronger credit growth

How has Japan's economy performed in light of the Delta variant?

• Avoided a double-dip recession

• Struggled with consumer sentiment

• Entered a double-dip recession

• Faced severe economic downturn

What is the expected impact of China's macroeconomic policy changes in the fourth quarter?

• Economic recovery

• No significant impact

• Further economic decline

• Continued economic slowdown