PBOC Injects $40B in Targeted MLF Operation

The video discusses China's financial priorities, focusing on short-term liquidity needs during the Chinese New Year and the PBOC's medium-term lending facility aimed at supporting small and medium-sized enterprises. It also covers local government debt levels and fiscal policies, including potential tax cuts and adjustments to the fiscal deficit target, to support economic growth amidst a slowdown.

What are the short-term priorities mentioned for the financial system ahead of Chinese New Year?

How does the targeted medium-term lending facility aim to support small and medium-sized enterprises?

What is the significance of the debt ratio mentioned for local government debt levels?

What fiscal measures are expected to be taken by China in 2019 to shore up growth?

What changes to the fiscal deficit target are anticipated at the National People's Congress?