UBS' Wang on China's Economy and Policy Outlook

The video discusses the economic slowdown in China, focusing on retail sales affected by COVID-19 restrictions. It examines the cautious approach of the PBOC in maintaining liquidity and the potential need for fiscal policy easing. The challenges in the property sector, particularly the Evergrande crisis, are highlighted, along with their implications for the economy. The concept of common prosperity is explained, emphasizing equitable growth and social welfare improvements.

What are the expected trends in industrial production, retail sales, and fixed asset investment?

How did the new COVID cases in August affect retail sales and consumption?

What is the significance of the Evergrande crisis in relation to the Chinese economy?

What does 'common prosperity' mean in the context of China's economic policies?

What actions are being taken to support income growth and social welfare in China?