Don’t Be Surprised to See Worsening Economic Data From China, Says Bocom’s Hong

The video discusses the potential worst-case scenario of the US-China trade war, highlighting the economic impacts if no deal is reached. It covers a tweet from Donald Trump about a staff change and analyzes China's PMI numbers, indicating economic pressure. The discussion shifts to the PBOC's response to the slowdown, considering monetary policy adjustments and the potential for further economic challenges.

What could be a consequence of the US-China trade war escalating without a deal?

• Improved business confidence in China

• Increased tariffs on US goods

• Reduced investment in China

• Strengthened US-China relations

What did Donald Trump announce in his tweet?

• Kevin Hassett's departure

• A new economic policy

• A new trade deal with China

• An increase in tariffs

What was the China PMI number for May?

• 49.4

• 50.2

• 51.0

• 48.9

What is one option the PBOC has to address economic slowdown?

• Increase tariffs

• Relax monetary policy

• Strengthen the yuan

• Reduce interest rates

What was the impact of the credit release in the first quarter?

• Decreased business confidence

• Relieved stress in the system

• No significant impact

• Increased economic stress