PBOC May Cut Rates in 1Q 2020, SocGen's Lam Says

The transcript discusses China's economic slowdown, focusing on the People's Bank of China's (PBOC) monetary policy actions, including rate cuts and their impact on inflation and the economy. It highlights the challenges faced by the banking system, such as high bad debt levels, and examines the effectiveness of stimulus measures. The discussion also touches on external factors like the US-China trade deal and their influence on China's economic policies.

In what ways could the easing cycle initiated by the PBOC support the economy?

What external factors might influence the PBOC's decision to ease monetary policy at this time?