OCBC Bank Is Neutral on Chinese Equities: Menon

The video discusses the current state of Chinese equities and the government's economic measures. Initially optimistic, the outlook has shifted to neutral due to insufficient government action. Historical stimulus packages are reviewed, highlighting the need for more robust measures. Current efforts focus on the property market and consumer confidence, but more direct support to consumers and small enterprises is suggested. The government is urged to increase fiscal spending to stabilize the economy and boost consumer confidence.

What suggestions are made for boosting consumer spending and confidence?

What are the concerns regarding consumer confidence in China?