China Should Balance Short-, Long-Term Growth Goals: Adviser Zhu

The video discusses the current state of the Chinese economy, highlighting the impact of a recent truce on economic indicators like the PMI. It explores various reasons for the economic slowdown, including cyclical, structural, and international factors. The discussion also covers trade negotiations with the US, the global power structure, and the importance of AI and big data. China's global strategy, including its Belt and Road initiative and relations with the EU, is examined. Finally, the video addresses the need to balance short-term economic growth with long-term stability, considering the role of monetary policy.

What is one of the main reasons for the slowdown in China's economy as discussed in the video?

• Lack of technological advancement

• Increase in foreign investments

• Decrease in population

• Cyclical and structural factors

What is considered a mutually beneficial aspect of the trade negotiations between China and the US?

• Reduction in exports

• Isolation from global markets

• Mutual economic growth

• Increased tariffs

What long-term objective does China aim to achieve through its global orientation?

• Isolation from international markets

• Dominance in AI and big data

• Decrease in global collaborations

• Reduction in technological investments

What is a short-term challenge for the Chinese economy mentioned in the video?

• Increasing asset bubbles

• Decreasing foreign investments

• Rising unemployment rates

• Lack of technological innovation

What is a potential action the PBOC might take in response to the Fed's monetary policy changes?

• Cut its benchmark rate

• Increase its benchmark rate

• Introduce new currency

• Maintain its current rate