Tsinghua University's Zhu on China's Economy

The video discusses China's rapid economic changes, focusing on the relaxation of the zero COVID policy and its impact on the economy. It highlights short-term priorities like economic stabilization and boosting consumer confidence. The speaker is cautiously optimistic about growth in 2023 due to a low base and new leadership. However, challenges remain, including policy uncertainties and leverage issues. The video suggests fiscal stimulus to support growth despite potential long-term fiscal challenges.

What challenges does the speaker identify regarding leverage in China's economy?

What is the speaker's opinion on the necessity of fiscal stimulus in the coming year?

How does the speaker suggest balancing short-term growth and long-term fiscal challenges?