There Is an Opening for Further Cuts From BOK, Says Moody’s Cochrane

The transcript discusses the Bank of Korea's (BOK) decision to cut rates to a record low of 1.25% due to economic imbalances and high debt levels. Despite these challenges, the labor market remains stable, with the service economy holding up well. In China, credit expansion and targeted stimulus are helping to manage growth amid broader macroeconomic challenges, including a trade war and declining labor force.

What factors are contributing to the resilience of the labor market despite economic slowdowns?

How is the increase in liquidity in China expected to affect its economic growth?