China's Growth Target Is Too High, Economist Joske Says

The video discusses the economic challenges faced by Beijing, focusing on the trilemma and the need for macro policy stability. It highlights the risks associated with high growth targets and excessive credit growth, particularly in the financial and shadow banking sectors. The impact of these factors on foreign exchange reserves is examined, along with the political climate and leadership consistency in China.

What are the implications of maintaining a high growth target for China's economy?

How does the current monetary policy in China affect credit growth?

What risks are associated with the shadow banking sector in China?

What factors contribute to the potential for foreign exchange reserves to decrease in China?

In what ways has political pressure influenced economic policies in China?