Qu Hongbin, Hong Kong-based co-head of Asian economic research at HSBC Holdings Plc, talks about the outlook for China's economy and central bank monetary policy. Manufacturing in China may contract at a faster pace in August, a private survey showed, signaling more monetary and fiscal stimulus may be needed to secure a second-half rebound in economic growth. Qu speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia."