China Economy Likely Grew Around 4% in First Quarter, CLSA Says

The video discusses China's economic growth, focusing on the first quarter's GDP growth, which is expected to exceed market expectations at around 4%. Consumption and infrastructure investment are key contributors, while export growth also plays a significant role. However, challenges such as a potential recession in the US and Europe, and de-globalization, may impact future export growth. Despite low inflation, deflation is not a current concern, though there are downside risks to inflation. Policies targeting Asian countries and Russia may drive future export growth.

What new drivers for export growth are proposed for the future?

What is the speaker's view on the risk of deflation in China?