National People's Congress Begins Under Trade War Clouds

The transcript covers the opening of China's National People's Congress, focusing on China's response to US tariffs on steel and aluminum. It highlights China's economic strategies, including maintaining a stable economic backdrop to pursue deleveraging. The discussion also touches on key issues to be addressed at the Congress, such as the use of AI in finance and the potential impact of deteriorating US-China trade relations. Additionally, it mentions China's move towards creating a super regulatory body to enhance financial oversight and manage risks in the system.

What are the implications of a deteriorating trade relationship between China and the US?

What is the significance of the proposed super regulatory body in China?