can see from unemployment data and from depopulation and that is the way forward. of course, china will try to smooth this structured deceleration as much as possible. structured deceleration as much as possible- as possible. those population numbers and as possible. those population numbers and the as possible. those population i numbers and the unemployment numbers and the unemployment numbers which china s government has decided to release this time around, what long term impact of those figures likely to have on the economy? figures likely to have on the econom ? ~ , economy? well, the good news, to start with economy? well, the good news, to start with the economy? well, the good news, to start with the good economy? well, the good news, to start with the good news, - economy? well, the good news, to start with the good news, is l to start with the good news, is because china is still urban icing and moving population from rural areas to the cities, impact on
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
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