Worst in China’s Current Economic Cycle Is Behind Us, Says BofAML’s Zhi

The video discusses the rebound of PMI data in March, influenced by seasonal factors and targeted stimulus. It highlights growth indicators from the Chinese economy, suggesting modest improvement in upcoming quarters. The Bank of America activity tracker shows a rise, indicating the impact of previous policies. The video also explores potential policy changes by the PBOC, contingent on sustained economic growth and the US-China trade deal, which could reduce external uncertainties.

What conditions must be met for the PBOC to change its policy stance?

How might the US-China trade deal impact the Chinese economy and policy stance?