Hang Seng China's Wang on China's NPC Meeting

The video discusses the reappointment of the POC governor and its impact on market confidence. It highlights the potential for economic reforms with a well-educated economic team close to Xi Jinping. The focus shifts to SOE reforms, emphasizing profitability and its effects on economic growth and job creation. The challenges of local government debt and the housing market are addressed, with a call for policies to boost real estate. The central bank's conservative monetary policy and its role in containing financial risks are also examined.

What are the current challenges facing the housing market in China?

In what ways has the role of the Central Bank changed in recent years?

How do recent credit numbers reflect the monetary policy stance in China?