China GDP Won’t Bottom Until 3Q, Says Autonomous’s Chu

The video discusses the economic recovery expectations in China and South Korea, highlighting the disappointing credit data and the challenges faced in achieving a full recovery. It analyzes the credit environment, noting the below-average credit flow and its impact on debt repayment and asset quality. The video also covers the transmission delays in credit data and the need for liquidity injections to support bank lending. Challenges in lending to SMEs due to the credit to deposit ratio are discussed, along with the potential for rate cuts as a policy measure to stimulate the economy.

What is the significance of the credit to deposit ratio being at 100%?

Why did the Chinese government refrain from cutting rates during the recent economic situation?