China's Central Bank Keeps Borrowing Costs on Hold

The video discusses China's economic moderation, highlighting soft retail and auto sales, and fixed asset investment. The PBC may adjust policies to ensure economic stability. Global economic implications are considered, with concerns about meeting growth expectations amid mixed data and high oil prices.

What is the significance of the government's ability to step back in during economic moderation?

What concerns were raised regarding the softer growth numbers out of China?