Citi Private Bank's Liu on China Economic Outlook

The video discusses China's economic outlook, focusing on the impact of the COVID-19 strategy on growth. It highlights the need for fiscal and monetary policy stimulus to meet growth targets. The discussion covers fiscal measures, infrastructure growth, and the importance of boosting consumption. The video also examines the implications of frontloading fiscal stimulus and the challenges of debt and leverage in China. Finally, it addresses currency stability and the potential for economic recovery in the second half of the year.

Discuss the implications of local government leverage on China's economic stability.

What role do foreign exchange reserves play in China's economic strategy?

How is the renminbi expected to behave in relation to China's economic growth cycle?