For more on the Chinese trade data, joining us in the studio is Liu Chunsheng, an associate professor at the Central University of Finance and Economics.
Q1. Both exports and imports falling more than expected. Does that surprise you?
Q2. How likely is it that trade will improve over the next few months?
Q3. The PBOC has said that frequent RRR cuts would pressure the yuan, So, what sort of policy response -- if any, can we expect to see?