What are the anticipated effects of the interest rate cuts on market confidence in China?
PBOC Will Keep Its Accomodative Stance, Says BBVA’s Xia
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The video discusses the implications of the 2020 RR cut by the Chinese Central Bank, highlighting its impact on the economy, trade war, exchange rate, and debt concerns. It explores the PBOC's accommodative stance and the use of liquidity and quantitative tools over interest rate cuts to stimulate the economy. The video also examines the expected effects on the loan prime rate, predicting a decrease due to market pressures.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the expected trend for the Loan Prime Rate (LPR) in the coming year?
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