China's Credit Growth Will Stabilize, Says BlackRock's Zhu

The video discusses the impact of currency on various asset classes, highlighting the importance of the CNY and market movements. It examines the current economic situation, emphasizing risk premiums and potential worst-case scenarios. The discussion shifts to policy measures aimed at supporting the economy through infrastructure and government leverage, while stabilizing credit growth. Finally, it addresses the need to balance economic stabilization with FX policy interventions to manage currency expectations.

What are the key factors influencing the performance of various asset classes according to the text?

How does the speaker perceive the current economic situation compared to past episodes?

What does the speaker suggest about the future of credit growth in the economy?

What interventions are mentioned to restore expectations regarding the currency?

In what ways does the speaker believe policymakers will support the economy?