China Is Likely to Taper Some Stimulus: Coface’s Aw

The video discusses China's economic policies, focusing on capital inflows, debt risks, and growth targets. It highlights China's potential to taper stimulus due to economic recovery and examines the debt risks from state-owned enterprise defaults. The discussion extends to China's growth targets, emphasizing the need for a minimum growth rate to ensure employment and debt stability. The video also covers the economic recovery in Asia, noting its uneven distribution and the factors influencing it.

What is one of the main concerns for China as it opens up its capital account?

• Rising inflation rates

• Stable currency value

• Decreased control over capital inflows

• Increased control over capital inflows

What has been Beijing's strategy regarding state-owned enterprise defaults?

• To tolerate some defaults for efficiency

• To privatize all enterprises

• To prevent all defaults

• To increase state ownership

Why did China not set a growth target last year?

• Because of high inflation

• To avoid excessive policy support

• Due to economic instability

• To focus on export growth

What is the average annual growth rate China needs to achieve to double its GDP by 2035?

• 6.8%

• 5.4%

• 4.7%

• 3.5%

Which country is expected to have slower growth compared to others in Asia?

• Vietnam

• China

• Japan

• Indonesia

What is one factor that influences the unevenness of economic recovery in Asia?

• Political stability

• Tourism revenue dependency

• Cultural diversity

• Military expenditure

How does greater fiscal resources affect a country's economic recovery?

• It allows for sustained stimulus

• It limits economic growth

• It reduces foreign investment

• It increases inflation