Yan Wang
speaker
275 appearances
1 recordings
1 series
first heard Sep 2024
last heard Sep 2024
Yan Wang’s voice in public audio — every appearance, attributed to the second.
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Appearances
But then if they do care about growth, then they eventually will realize the current policy is a mistake.
They would have to correct their policy mistakes.
And as an investor, as a strategist, you know, I can I can kind of see the roadmap.
I just need to see whether Beijing is taking actions to move toward that direction.
Absolutely.
I I think it's primarily on the on the uh demand side, because the supply side is very competitive.
There's no question about the supply side.
It's more about the demand side.
So to me, the problem that we are seeing China today are primarily self-imposed by repeated policy mistakes.
And if they are able to uh correct those policy mistakes, then the economy can bounce back.
Otherwise we do have the risk of China just, you know, continues to stagnate at this level, then you know, it will be a lower lower income version of Japan.
Well, I I I don't think that should be their concern, but I think it's possibly it's one of their concerns.
So they believe they are kind of stuck between the rock and hard place.
So you know, they so that's why they don't do anything.
Um but if realistically, if we look at the performance of the RB.
Historically, uh you know, it's a very procyclical currency.
So when the economy strengthens, the R and B will strengthen, right?
So because in the financial market will boom, then you know, you have a lot of capital foreign capital inflow.
The currency actually has the tendency to to strengthen.
So but now
Showing 241–260 of 275 · page 13 of 14
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