IMF's Kang on Downgrading China Forecast, Trade Impact, Yuan

The transcript discusses the economic growth forecast for China, highlighting the impact of US-China trade tensions. It projects a growth rate of 6.2% for 2019, moderating to 6.0% in 2020, with trade tensions posing a downside risk. The potential impact of increased tariffs is considered, suggesting a temporary stimulus might be needed. The discussion also covers the flexibility of China's exchange rate, emphasizing its role as a shock absorber and the benefits of a market-determined rate.

What are the key reasons for the downgrade in the economic forecast?

How do trade tensions with the US affect Chinese exports and overall growth?

What could be the worst-case scenario if tariffs are imposed on all Chinese exports to the US?

What measures could be taken to counteract the negative impacts of increased tariffs?

What is the IMF's view on the flexibility of the renminbi and its impact on the Chinese economy?