China's Growth Target of 5.5% Will Be Challenging: Shan

The video discusses China's economic growth expectations, highlighting the challenges in achieving a 5.5% growth target due to factors like COVID outbreaks, housing issues, and global demand uncertainties. It analyzes fiscal policy, noting a conservative budget but potential for increased economic support through augmented fiscal deficit. The discussion covers government bond supply, emphasizing the need for comprehensive fiscal support. On the monetary side, it explores the alignment of money supply and credit growth with nominal GDP, suggesting room for policy easing despite official statements.

What is the significance of the 7 trillion RMB bond issuance mentioned?

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What does the text suggest about the relationship between money supply and nominal GDP?

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What is the overall sentiment regarding monetary policy easing as discussed in the text?

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