JPMorgan's Zhu on China Economy, PBOC, Fiscal Policy, June 8

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June 8 (Bloomberg) -- Zhu Haibin, chief China economist at JPMorgan Chase & Co. in Hong Kong, talks about the nation's economy and monetary and fiscal policies. China cut borrowing costs for the first time since 2008 and loosened controls on banks’ lending and deposit rates, stepping up efforts to combat a deepening slowdown as Europe’s debt crisis threatens global growth. Zhu speaks with Rishaad Salamat on Bloomberg Television's "Asia Edge." (Source: Bloomberg)

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