UBS' Donavan Says Global Growth Helps China

The video discusses China's economic growth forecast for 2018, highlighting infrastructure spending and potential risks in the property sector. It examines China's management of leverage and credit markets, noting the country's experience in handling these issues. The discussion also covers capital controls and foreign exchange reserves, suggesting that significant capital outflow pressures are unlikely. The focus then shifts to the US, analyzing employment trends and the implications of reaching full employment, including the impact on nonfarm payrolls and average hourly earnings.

What factors are contributing to the forecasted growth of around 6.4% for China in 2018?

How has infrastructure spending in China been characterized over the last 20 years?

What risks are associated with the management of leverage in China's economy?

What is the current state of the US job market according to the latest jobs numbers?

How does full employment affect average hourly earnings in the job market?