BofAML's Qiao: China Policy Makers 'Behind the Curve'

The video discusses the current economic situation, highlighting weak data and low growth expectations. It examines GDP growth projections, emphasizing the need for policy adjustments to maintain targets. The discussion covers policy easing options amid inflation concerns, particularly in food and oil prices. Challenges in implementing effective policy measures are noted, with a call for more decisive action from top policymakers to address future economic challenges.

What was the industrial production growth rate mentioned as being particularly low?

• 3.5%

• 4.4%

• 5.0%

• 6.0%

What is the potential GDP growth target range discussed?

• 5.0% to 5.5%

• 6.5% to 7.0%

• 5.5% to 6.0%

• 6.0% to 6.5%

What is the main concern for policymakers regarding the use of policy tools?

• Long-term impact on leverage

• Immediate economic growth

• Currency stabilization

• Short-term inflation control

What recent policy action was mentioned as being implemented?

• Interest rate hike

• Currency devaluation

• Reserve requirement ratio cut

• Tax increase

What is the anticipated effect of delayed policy actions on the economy?

• Problems in 2020

• Increased exports

• Immediate recovery

• No impact