PBOC Putting Policy Floor Beneath Emerging Growth Risks, Says BNY Mellon's Mitra

The transcript discusses the People's Bank of China's (PBOC) policy expectations and their implications for the Chinese bond market. It highlights the reduction of risk weights on local government bonds to finance infrastructure projects and the impact of currency fixing on market sentiment. The discussion also covers China's economic outlook, including growth rates, policy measures, and challenges in the property sector.

What factors should be considered when evaluating the accuracy of China's growth data?

What challenges does the Chinese economy face in terms of supporting the property sector?