ANZ's Wang on China's 2Q GDP and June Activity Data

The video discusses China's economic growth strategy, focusing on achieving a 5% growth target despite challenges like COVID-19 and housing market stress. It highlights the importance of Q2 GDP and the need for policy adjustments. The housing market faces stress due to mortgage payment refusals, posing risks to banks. Divergences in debt markets are noted, with policy responses needed. Capital outflows and monetary policy are also discussed, emphasizing the need for liquidity management.

What are the potential risks associated with capital outflows as the Fed hikes rates?

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How might the PBOC's approach to monetary policy change in light of current market conditions?

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What is the relationship between job security and market liquidity according to the PBOC's recent statements?

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