ANZ's Yeung on China's Economic Prospects

The transcript discusses the uncertainty in economic expectations and the positive indicators seen in China's economy due to reopening. It highlights growth projections, retail sales, and consumer recovery, noting the uneven recovery in services and luxury sectors. The issue of youth unemployment is addressed, emphasizing its impact on economic growth and the need for job creation. The transcript also explores the internationalization of the Renminbi and its implications for trade settlement, noting the interest from countries like Brazil and Saudi Arabia.

What factors are contributing to the positive surprises in economic data?

How does the text describe the performance of the service sector in March?

What strategies are suggested for addressing youth unemployment in China?