Citigroup's Liu Says China's Economy Has Stabilized

The transcript discusses China's economic outlook, highlighting a strong first half performance that suggests the country could surpass its 6.5% growth target for the year. The economy has stabilized, driven by robust fiscal policies, while monetary tightening has had limited impact. The growth is largely credit-driven, with significant contributions from infrastructure and property investments, as well as net exports. However, there are concerns about rising CPI inflation due to severe flooding affecting food prices, though it remains below the government's 3% target.

What is the expected growth rate for China in the second half of the year?

• Less than 6.5%

• No growth expected

• More than 6.5%

• Exactly 6.5%

What has been a significant factor in stabilizing China's economy?

• Weak fiscal policy

• Strong fiscal policy

• Loose monetary policy

• High inflation

Which sector has shown robust investment growth in China?

• Infrastructure

• Education

• Technology

• Healthcare

What is a potential concern for China's economy in the second half of the year?

• Decreasing retail sales

• Falling property prices

• Rising CPI inflation

• Decreasing exports

What natural event could impact China's CPI inflation?

• Flooding

• Earthquake

• Tornado

• Drought