Economists Turn More Downbeat on China's Growth Outlook

The video discusses the latest economic survey on China, highlighting a GDP growth of 5.1% in 2023, which is above the government's target but lower than initial projections. Economists note downgrades in major economic indicators, including exports and CPI. Speculation arises about potential policy changes, such as a triple R cut, to address economic challenges. Despite previous rate cuts, further measures may be needed to stimulate growth.

What is the projected GDP growth for China in 2023 according to the recent survey?

• 6.0%

• 5.5%

• 5.1%

• 4.8%

Which economic indicator fell into deflation in July?

• CPI

• Exports

• Imports

• GDP

What is the China Securities Journal report speculating about?

• A rise in property investments

• A cut in the reserve requirement ratio

• A new government target for GDP

• An increase in exports

What is causing the tightening liquidity in the market?

• Rising property prices

• Higher consumer spending

• Local government bond sales

• Increased foreign investments

What is the main concern regarding the potential policy rate cut?

• It could increase the property crisis

• It may not be enough to boost the economy

• It might lead to inflation

• It will decrease exports