PBOC Will Keep Easing Whether Fed Cuts or Not, Says BNP Paribas’s Lo

The video discusses the potential for rate cuts by the Fed and PBOC, highlighting China's selective easing strategy due to domestic and international factors. It explains Beijing's self-imposed policy constraints aimed at managing debt and avoiding massive reflation. The video also analyzes trade data, noting that while Chinese exports have been affected by the US trade war, diversification into other markets provides a cushion. The import side is impacted by slowing growth, maintaining a significant wedge between exports and imports.

What are the domestic and international reasons for China to keep easing its monetary policy?

How might a rate cut in the US influence the People's Bank of China (PBOC)?

What is the significance of selective targeted cuts in China's monetary policy?

What constraints does Beijing face regarding debt reduction and structural reforms?

How has China diversified its export markets in response to the trade war with the US?