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Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
Hong Hao, chief economist of Grow Investment Group, joined CGTN's Guan Xin to discuss China's monetary policy and economic trajectory. He suggested that the Fed's decision to keep interest rates steady, with a possibility of rate cuts in the second half of the year, could provide room for further monetary easing by the PBOC. In relation to the first quarter economy, he highlighted the shift of investments towards high-value-added industries. He expressed hope that this momentum would carry forward into the second quarter and further beyond.