Expect More Fiscal Measures From China, Says BNP Paribas’s Lai

The transcript discusses the surprising speed of China's economic recovery post-COVID-19, highlighting a V-shaped recovery. It contrasts China's conservative policy response with Western approaches, emphasizing reliance on bank lending and macroeconomic measures. The banking industry's ability to handle bad loans and the bond market's liquidity are explored. The speaker reaffirms commitment to expanding in China, noting challenges in finding talent.

What trends have been observed in the bond market in China during the crisis?

How has the credit spread in China changed compared to the US and European markets?

What is the current outlook for businesses in China as they recover from the pandemic?