Credit Agricole's Zhi on China's Economy, Stimulus

The transcript discusses the economic challenges faced by China, particularly in the property sector, and the need for targeted policy measures. It explores potential stimulus measures, analyzes PMI data, and highlights the importance of the property market in China's growth. The discussion also covers expectations for May activity data and China's hesitancy to deploy stimulus, focusing instead on quality growth.

What are the implications of low consumer confidence on the economy?

How does the expectation of inflation impact market sentiment in China?

Why are Chinese policymakers hesitant to deploy stimulus despite economic challenges?