Loomis Sayles Bo Zhuang on Chinese Macro, MLF

The video discusses the economic challenges China faces, including drought, power shortages, and COVID lockdowns, impacting industrial production and GDP growth. It highlights the sluggish job market and stagnant income growth, with a focus on the renminbi's depreciation and policy constraints. The long-term growth forecast is modest, with expectations of gradual COVID policy changes.

What are the expectations for the August data in terms of industrial production?

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How has the COVID lockdown impacted the economic forecast for Q3?

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What factors are contributing to the high youth unemployment rate in China?

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How does the depreciation of the renminbi affect China's economic policies?

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What is the projected annual growth rate for China's economy over the next five years?

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What are the implications of the current COVID policy on China's economic recovery?

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In what ways might the narrative around COVID change in China by the end of Q1 next year?

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