Nomura’s Lu Sees China Headline Inflation at 4% in November, Driven by Pork Prices

The video discusses the rare inflation trends in China, projecting a rise in CPI inflation driven by pork prices due to African swine fever. It highlights the challenges faced by the PBOC in responding to a slowing economy with negative PPI inflation. The Chinese government aims to maintain a growth target above 6% by importing more meat and implementing low-profile policy measures to manage funding costs.

What challenges does the Chinese government face in achieving its growth target for 2019?

What measures might the Chinese government take to address the supply side issues mentioned in the text?