PBOC Needs to Cut Benchmark Lending Rate, Says Barclays's Chang

The video discusses the impact of shadow banking on China's GDP and credit growth, highlighting the government's efforts to stabilize credit through various measures. It examines the challenges faced by SMEs due to credit constraints and the potential economic outlook. The video also addresses the currency constraints affecting the PBOC's monetary policy decisions.

What impact has shadow banking had on Chinese credit growth?

How has the PBOC responded to the challenges in the credit market?

What are the expected trends in credit growth for the first quarter of the year?

What measures has the Chinese government taken to support SMEs?

Why is SME financing considered a difficult issue globally?