China Stimulus Hitting All The Right Notes. BNY Mellon's Mitra Says

The transcript discusses China's recent economic measures, including policy stimulus aimed at supporting the private sector, corporate refinancing, and household tax breaks. While these measures are seen as positive steps, they are considered insufficient compared to past large-scale stimuli. The private sector, despite being productive, faces challenges due to deleveraging and limited credit access. The discussion highlights the need for more targeted funding assurances to support the private sector and improve economic conditions.

What measures is the Chinese government taking to support the private sector?

In what ways is the household sector being supported by the government?

What is the significance of the infrastructure stimulus mentioned in the text?

How does the current policy stimulus compare to previous years, such as 2008 or 2016?

What challenges does the private sector face in accessing credit?