China’s recent cut to the seven-day reverse repo rate aims to boost its struggling economy. With the country facing its slowest growth in over a year, there’s a pressing need for immediate economic support. Gary Ng, APAC Economist, Natixis shares his analysis on how China can balance long-term goals with urgent economic needs and the fiscal policies required to complement the rate cut and ensure sustainable growth.

Image Credit: kstudio / Freepik.com

Produced by: Tun Hizami Hashim

Presented by: Wong Shou Ning, Philip See

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Categories:  politics,  international,  economy,  government

Tags:  People’s Bank of China,  chinese communist party,  china economy,  geopolitical tensions,  chinese yuan,  inflation,