AXA's Yao Says China's Economy Has Preserved Momentum

The video discusses the economic momentum in China, highlighting the PMI numbers and their alignment with market expectations. It explores the impact of political events, such as leadership transitions, on macroeconomic stability. The role of infrastructure and fiscal spending in supporting the economy is examined. The video also delves into the reforms of state-owned enterprises and the challenges faced in implementing these changes.

What are the expectations regarding reforms in state-owned enterprises?

What is the hope regarding the leadership transition and its impact on reforms?