Is China's Growth Recovery Sustainable?

The transcript discusses fiscal sustainability in Asia, highlighting countries like India, Indonesia, and the Philippines using central bank actions to finance deficits during COVID-19. It explores the Federal Reserve's potential actions, questioning the effectiveness of expanding QE programs. The discussion shifts to China's economic recovery, driven by internal tourism, and its limited impact on regional economies due to low import leakage. The overall focus is on the challenges and strategies of fiscal and monetary policies in the current global economic climate.

What concerns are raised regarding fiscal sustainability in Asia during the COVID-19 pandemic?

How have countries like India, Indonesia, and the Philippines been financing their government deficits?

What is the significance of the recovery in China's internal tourism market?

What challenges do economies with an export focus face in the current global situation?

In what ways does the economic recovery in China impact other economies in the APAC region?