Lowy's McGregor Sees Tariffs Impacting Canada, Europe More

The video discusses the implications of US trade tariffs, particularly on China, Canada, and Europe. It explores China's strategic response and potential shifts in global trade, especially in steel markets. The focus then shifts to China's economic growth strategy, moving from hard targets to qualitative growth. The video also covers the reshuffling of China's economic team, including the appointment of a new PBOC governor and the role of Liu He in financial regulation.

Which countries are most affected by the US trade tariffs according to the discussion?

• India and Australia

• China and Japan

• Mexico and Brazil

• Canada and Europe

What is the main focus of China's new economic strategy?

• Increasing exports

• Qualitative growth

• Hard GDP targets

• Reducing imports

What challenge does China face in moving away from hard GDP targets?

• Political instability

• Insufficient resources

• Local economic drivers

• Lack of international support

Who is expected to play a significant role in China's financial regulation?

• Premier Li

• Liu He

• Richard Urlu

• Xi Jinping

What is the anticipated role of the new PBOC governor?

• To reduce trade tariffs

• To increase foreign investments

• To form a super regulator

• To enhance military spending