CBA’s Capurso Sees Further Downside for USD-CNY in Near Term

The transcript discusses the potential for market realization of currency levels, particularly in relation to the US-China trade agreement. It highlights the current state of the Chinese economy, noting strong trade and credit data despite tariffs. The discussion also covers the shift in Chinese policy from qualitative to quantitative growth, emphasizing the importance of recent comments from China's banking regulator.

In what way has the Chinese administration shifted its focus regarding economic growth?

What implications do the comments from the Chinese banking regulator have on future economic policies?