China Won't Rush to Ease Policies, Economist Says

The video discusses the temporary impact of the outbreak on China's economy, highlighting the potential for increased openness and the importance of trade. It explores China's economic strategy, including cautious policy adjustments by the PBOC to support recovery while maintaining financial stability. The challenges faced by provincial governments due to reduced tax revenue and potential debt issues are examined. The video also covers expected fiscal measures, such as bond issuance and tax cuts, and the potential revision of GDP growth targets, emphasizing the need to focus on the labor market and unemployment.

In what ways might the Chinese government adjust its fiscal policies in response to the economic impact of the outbreak?

How should the Chinese government balance growth targets with the realities of the current economic situation?