China Says More Tax Cuts Coming While Signaling Easier Monetary Policy

The video discusses China's economic policies, focusing on targeted stimulus measures expected to be implemented next year, including potential tax cuts and accommodative monetary policies by the PBOC. Concerns about the yuan's stability and the impact of large stimulus packages on the currency are highlighted. Additionally, the challenges of continuing the deleveraging campaign amidst these policies are addressed, with emphasis on improving monetary transmission to effectively distribute funds within the economy.

What measures are being considered by the Chinese government to stimulate the economy next year?

What concerns do policymakers have regarding the yuan and its impact on the economy?

How has the currency situation in China affected the government's ability to expand the monetary base?

What is the significance of the deleveraging campaign in the context of monetary stimulus?

What strategies is the Chinese government employing to ensure effective transmission of monetary policy?