Now Is Good Time to Buy China's Sovereign Debt, Says BNP Paribas' Ji

The transcript discusses the current economic conditions and market entry timing, highlighting the potential for funding costs to decrease. It explores expectations for further easing by the PBOC and the favorable conditions in the interbank market. The discussion also covers the PBOC's strategy in defending the RMB's value against the USD, emphasizing a moderate approach to managing interest rates and FX policies.

What factors are contributing to the downward pressure on economic performance?

What is the government's target regarding funding costs?

How does the PBOC plan to defend the US value in the FX market?

What is the significance of the seven level in the context of PBOC's policy?

What dual objectives does the PBOC have regarding its policy?