China’s Factory PMI Moderates in April Amid Weak Demand

The transcript discusses economic forecasts, focusing on non-manufacturing and manufacturing sectors, and the impact of external demand. It highlights China's economic policies and the upcoming MPC meeting, emphasizing the need for policy support. The global stimulus efforts are examined, with a focus on consumer spending and fiscal constraints in developing economies. The role of central banks and new monetary policy tools are explored, addressing concerns about financial stability and inflation.

How can governments stimulate consumer spending in the context of a pandemic?

What role do central banks play in maintaining financial stability during economic crises?

What challenges do central banks face when exiting from unconventional monetary policies?