Expect China to Cut Rates Twice By Mid 2015: Chang

The transcript discusses China's monetary policy, focusing on the PBOC's approach to interest rate cuts and liquidity management. It highlights the tight liquidity in the interbank market and the impact of a booming equity market. The discussion also covers the recent equity market rally, driven by household asset reallocation and falling rates. Upcoming financial market reforms, including the Deposit Insurance system and changes in IPO registration, are outlined. The transcript concludes with an analysis of investor sentiment and economic challenges, predicting a slowdown in growth despite monetary easing.

What are the structural challenges facing the Chinese economy as mentioned in the text?

What is the anticipated economic growth rate for next year according to the text?