Macquarie's Hu, Daiwa Capital's Kitney on China Economy, Policies, Stocks

The video discusses the potential for further price falls and the severity of the economic downturn, focusing on the slowdown in investment and the importance of the property cycle in China's economy. It highlights the easing of credit conditions and the impact of deleveraging on market trends. The discussion also covers regulatory risks and their effects on various sectors, emphasizing the need for balanced economic policies to avoid negative feedback loops.

What is considered the most significant component of China's economic cycle?

• Technology sector

• Property cycle

• Manufacturing industry

• Agricultural sector

How have credit conditions changed recently in China?

• By reducing government spending

• By increasing taxes

• Through a series of triple R cuts

• Through interest rate hikes

What were the keywords for China's economic focus in 2019?

• Technology and innovation

• Property and policy

• Deleveraging and trade war

• Exports and imports

What is the impact of regulatory risks on foreign investors in China?

• Increased risk premium

• Decreased risk perception

• Increased confidence

• No impact

Which sectors in China have been affected by regulatory risks?

• Energy and mining

• Finance, pharma, and education

• Automobile and textiles

• Tourism and hospitality