China Says More Stimulus Coming as Economy Faces Downward Pressure

The transcript discusses China's current economic challenges, including increased downward pressures and disappointing PMI data. It highlights the Chinese government's policy responses, such as tax cuts and regulatory relief, which have not significantly improved investor confidence. The discussion includes predictions for 2019, suggesting more aggressive policy measures may be needed, including potential tax cuts and easing property curbs. Moody's Analytics notes the difficulty of balancing growth with debt management, indicating China's economic strategy is at a critical juncture.

What was the main focus of the recent Politburo meeting chaired by President Xi Jinping?

• Improving international relations

• Addressing economic challenges

• Enhancing military capabilities

• Promoting cultural exchanges

Which economic indicator showed a slowdown, prompting concern among Chinese policymakers?

• GDP growth rate

• PMI data

• Inflation rate

• Unemployment rate

What has been the impact of China's recent policy responses on investor confidence?

• Not much improvement

• Significant improvement

• No change

• Slight decline

What timeframe did Nomura's Chief China economist predict for increased economic pressure points?

• September-October 2019

• June-July 2019

• April-May 2019

• January-February 2019

According to Moody's Analytics, what is China's current priority in economic management?

• Decreasing unemployment

• Increasing exports

• Shoring up growth

• Reducing inflation