Beijing Agrees With IMF on Slowdown Risk

The video discusses China's economic situation, highlighting a growth rate above 7% despite a slowdown. The IMF and PBOC emphasize a balanced approach between expansion and reforms. Upcoming economic indicators will provide further insights. The focus is on maintaining employment rather than aggressive fiscal or monetary measures. Growth projections vary slightly, with estimates around 7.3% to 7.5%.

What is the stance of the PBOC regarding monetary policy as per the text?

According to the text, what is the importance of maintaining employment in China's economic policy?