China Stimulus Response to Virus Won't Be Very Effective, Eswar Prasad Says

The transcript discusses the temporary economic impact of the coronavirus, highlighting concerns about a slowdown in global growth. It examines the effects of the US-China trade deal on business sentiment and investment. The potential for stimulus measures to aid recovery is analyzed, with a focus on financial markets' reactions. The discussion also delves into financial risks and structural issues in China, emphasizing the challenges faced by small enterprises and the inefficiencies in credit allocation.

How did the US-China trade deal impact business investment prior to the coronavirus outbreak?

What concerns are raised regarding the effectiveness of stimulus measures in response to the economic crisis?

In what ways could the coronavirus crisis exacerbate existing structural problems in the Chinese economy?

What are the potential long-term effects of the economic slowdown caused by the coronavirus?

What role do small enterprises play in employment and productivity growth in China, and how are they affected by the current economic situation?