NatWest Markets on China's Economy, Evergrande

The video discusses the uncertain fate of property developers in China, highlighting the government's role in preventing systemic risks in financial markets. It covers the credit and fiscal impulses, noting a past aggressive tightening phase and potential fiscal rebound. The impact of external factors like the Evergrande crisis on economic stability is examined, with a focus on commodity prices and social stability. The property sector's role in social stability and potential policy easing for homeowners is discussed. The resilience of the Chinese yuan amidst market uncertainty and long-term goals for a stable property sector are also explored.

How does the government prioritize handling externalities during the Evergrande crisis?

What is the significance of social stability in the context of property accumulation in China?

What long-term goals does the government have for the property sector?