China Needs This Liquidity More Than Ever, Says Natixis' Garcia-Herrero

The transcript discusses the urgency of China's economic measures amid a slowdown and trade tensions. It highlights the role of the PBOC and banks in implementing fiscal stimulus and monetary policies. The impact of the trade war and rising treasury yields on Chinese corporates is examined. The discussion also covers the yuan's depreciation and the PBOC's strategies to manage market dynamics without using the currency as a weapon.

In what ways has the PBOC's approach to the yuan been influenced by external factors?

What measures are being taken to ensure liquidity in the offshore market according to the text?