CICC's Liang Says China Confident of 6.5% Growth Target

The transcript discusses China's economic outlook, focusing on the GDP target, challenges to growth, currency stability, and capital flows. It highlights potential interest rate changes, the impact of global economic conditions, and trade policies, particularly concerning tariffs. The property market's dynamics and opportunities for foreign investment in China are also explored.

What changes were made to the language around the yuan and why is it significant?

What impact do capital controls have on China's economy and capital outflows?

How does the government plan to address the property market and urban housing needs?