China Still Needs More Supportive Measures to Be Implemented, Says ANZ’s Wang

The video discusses the economic challenges China faces due to seasonal factors and pollution control measures. It highlights the need for expansionary credit and fiscal policies to stabilize growth, with a PMI forecast below the 50 threshold. The potential actions of the PBOC are considered, with a focus on monetary policy transmission and the likelihood of further measures. The video also examines credit expansion and the impact of shadow banking on financial conditions for businesses.

What measures are suggested to stabilize growth in the economy?

What is the current state of credit access for private sectors as discussed in the text?