regard, it s good news. but we need to put it in that context. 0bviously, china is facing a slowdown. what do you expect the government to do to try to boost the economy going forward? boost the economy going forward? ~ . ., forward? well, li keqiang made it very clear forward? well, li keqiang made it very clear that forward? well, li keqiang made it very clear that the forward? well, li keqiang made it very clear that the 5.2% - it very clear that the 5.2% growth was basically not by stimulus. as he said, china s good immune system. it is very clear that to reach anything similar, which i think is what the government is going to announce in the two sessions in march, they will need some stimulus. and we are already seeing additional issues for local governments and expectations of a cut in the ratio and monetary policy and stimulus, etc. some stimulus will come, but it will be limited. just to barely make it to 5% and possibly maybe even slightly below 5% next year. t
good news but we need to put him in that contact. obviously, china is facing him in that contact. obviously, china is facing a him in that contact. obviously, china is facing a slow - him in that contact. obviously, china is facing a slow death - china is facing a slow death for that what you expect the government to do to try to boost the economy going forward? boost the economy going forward? ~ , ., , forward? well they made it very clear that 5.2% forward? well they made it very clear that 5.2% growth - forward? well they made it very clear that 5.2% growth was - clear that 5.2% growth was basically not working by stimulus as he said, china good immune system. it is very clear that she reach anything similar, which i think is what will be announced during the two sessions in march and we ve already seen additional local governments, expectations over a cut in the requirement ratio. some stimulus was cut butjust to barely make it to five it may be slightly below five
stimulus will come, but it will be limited. just to barely make it to 5% and possibly slightly below 5% next year. it to 596 and possibly slightly below 596 next year.- below 596 next year. these attacks on below 596 next year. these attacks on commercial - below 596 next year. these - attacks on commercial shipping in the red sea what s the impact likely to be on china and asia? surely these countries also need the goods that are being shipped from that are being shipped from that region? that are being shipped from that reuion? ~ ., , , that region? well, absolutely. china is the that region? well, absolutely. china is the largest that region? well, absolutely. china is the largest exporter l china is the largest exporter in the world by far with manufactured products. so china does suffer from, especially from when it takes to bring goods to europe. of course, we have railway now, available. part of the belt & road initiative. but you know, ukraine and russia s wa