Valuations in China Bonds Have Become Quite Attractive, Says StanChart’s Liu

The video discusses the current state of the bond market, focusing on China's onshore bonds and their attractive valuation compared to US bonds. It highlights China's debt profile, noting the high debt-to-GDP ratio and the challenges in corporate debt. The discussion covers the impact of leverage on China's economic decisions and the lack of aggressive stimulus packages. The video also examines China's economic growth outlook, suggesting a near-term stabilization but uncertainty in the long term. Finally, it addresses the state of employment in China, emphasizing the pressure on the job market due to private sector challenges.

Discuss the current state of employment in China and its impact on the economy.

What challenges does the job market in China face, particularly in the private sector?