Moody's Analytics' Ell: Both RBNZ & BoK to Hike This Week

The video discusses the Reserve Bank of New Zealand's cautious approach to monetary policy amid COVID-19 uncertainties, with a focus on a 25 basis point hike. It also examines Korea's economic situation, highlighting inflation pressures, household debt, and the impact of rising COVID-19 cases. The strong export sector, particularly semiconductors, remains a key strength. The video concludes with an analysis of China's economic slowdown, driven by a cooling property market and environmental concerns, and the expected policy actions to manage this trajectory.

What is the significance of the export sector in the Korean economy?

What challenges does the Chinese economy face according to the discussion?