EPISODE · Oct 23, 2024 · 32 MIN
Will China’s Stepped-Up Stimulus Push Off Deflationary Risks?
from China Perspectives · host Fitch Ratings
David Wang, Professor at the Virginia Tech Dept. of Economics and former Credit Suisse Head of APAC (ex-Japan)Economics, joins us to discuss deflationary risks in the Chinese economy and whether the recent policy stimulus can address these pressures. (00:00) - Introduction (01:31) - China’s Economic Prospects (05:10) - Drivers of deflationary pressures (08:37) - Expectations for household confidence (11:11) - New productive forces and labour productivity (15:46) - Assessment of Recent Policy Actions (17:37) - Fiscal Support and Consumption Policies (26:16) - Risks of a deflationary spiral (29:09) - High Leverage and deflation (32:12) - Outro
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Will China’s Stepped-Up Stimulus Push Off Deflationary Risks?
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