China Perspectives

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

What is China Perspectives?

China Perspectives series is a monthly discussion on the latest credit market and economic developments from China with experts from both within and outside of Fitch Ratings.