PBOC to Relax Financial Conditions Via 4 RRR Cuts in 2019, Says ANZ's Yeung

The video discusses the GTV Terminal library and its implications for medium-sized companies in China, focusing on PMI data and contraction territory. It highlights the impact of deleveraging on these companies, particularly in terms of funding and liquidity. The PBOC's monetary policy is examined, noting its accommodative stance and the challenges of liquidity hoarding in the interbank sector. The video also analyzes export orders, highlighting the divergence between strong shipment values and declining export orders, and considers the economic outlook amid trade tensions.

What is the current stance of the PBOC regarding monetary policy and liquidity injection?

Discuss the trends in new export orders and their impact on PMI data.