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Transcripts For BBCNEWS Asia 20240705



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 y ....

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