Cornell University's Prasad on China Reopening

The transcript discusses the impact of China's COVID-0 policy on its economy and the subsequent policy reversal. It highlights the challenges faced by the government in balancing short-term growth with medium-term risks. The discussion also covers the property sector's issues, government financial strategies, and the global economic implications of China's reopening. The need for restoring confidence in both domestic and international markets is emphasized.

How does the Chinese government plan to balance short-term growth with medium-term risks?

What factors contribute to the volatility in China's economic environment?

What are the implications of the Chinese government's fiscal policies on local governments?

What signals might indicate a shift towards reform in China's economic policies?