China's Factory Activity Struggles; Services Slow

The video discusses the positive surprise in the manufacturing PMI due to the release of pent-up supply and government efforts in infrastructure. It highlights the resilience of manufacturing during lockdowns, contrasting with the service sector's vulnerability. The property sector is analyzed, focusing on policy easing, mortgage rates, and government measures to ensure home delivery. The economic outlook predicts a bottom in Q1 next year, followed by gradual recovery, influenced by potential COVID policy relaxation and its short-term impacts.

What are the three meaningful policies mentioned that could help the property sector?

What is the expected economic trajectory following the 20th Party Congress?

How might the easing of COVID restrictions impact consumer behavior in the short run?