60 Minutes - State of China Quiz

Why have US companies pressed the pause button on doing business in China?

• Due to the vast pool of consumers

• Because of intellectual property theft and an expanded espionage law

• The US-China relationship is at its best

• China's economy is booming

What incident is mentioned as having worsened the US-China relationship?

• A trade agreement

• The balloon spy incident

• A cultural exchange program

• The launch of a new technology

What major economic challenge is China facing?

• An oversupply of consumer goods

• Too much foreign investment

• Export growth is slowing and the country is drowning in debt

• Rapid industrial growth

Which American companies were mentioned as having been raided in China?

• Microsoft and Apple

• Banan Company and The Mince Group

• Google and Facebook

• Starbucks and Walmart

What is a significant trend in China under President Xi Jinping's leadership?

• Decentralization of power

• Increased freedom for the people

• A closing of ports and centralization of power

• Expansion of market reforms

What sector is China leading in according to the text?

• Solar panels and wind turbines

• Space exploration

• Oil and natural gas

• Traditional manufacturing

What is the projected growth rate for China's economy mentioned in the text?

• 5-7%

• 2-4%

• 11-13%

• 8-10%

What is the stance of the US Ambassador Nicholas Burns on the future of the US-China relationship?

• Expects China to become more democratic

• Predicts a complete breakdown of relations

• Believes divorce is not an option and the countries have to coexist

• Optimistic about significant improvement

What new technology is China developing that was mentioned in the text?

• Artificial intelligence

• Humanoid robots

• Quantum computing

• 5G networks

What is the main reason for the economic decline in China as mentioned?

• Decrease in population

• Poor foreign policies

• Real estate crisis

• Lack of technological innovation