China’s Recovery Momentum Has Started to Come Back, Says ANZ’s Wang

The transcript discusses the current state of inflation, focusing on PPI and CPI rates. It highlights the correlation between PPI and industrial profits, emphasizing the sensitivity to global commodity prices. The discussion also covers the impact of PPI on corporate profits and the potential for economic recovery. The role of consumer prices in influencing PBOC policy is examined, with a focus on the swine flu's effect on pork prices. Finally, the transcript reviews economic indicators like PMI and GDP, suggesting a gradual recovery from Q2 onwards.

What are the implications of the recent corporate profits decline for future economic recovery?

Discuss the expected trends in CPI inflation and their potential impact on economic policy.