Oliver Wyman's Simpfendorfer on China Economy Outlook

The video discusses the challenges facing the Chinese economy, including issues in the export and property sectors. It highlights the need for alternative growth drivers, given the limitations of infrastructure spending. The potential impact of supply chain disruptions and currency implications are also examined. Additionally, the video explores international trade relationships and investment strategies, particularly between China and Australia.

What has been a key growth engine for the Chinese economy over the last two years?

• Tourism

• Export sector

• Agriculture

• Healthcare

What is a major concern for the Chinese property sector?

• Lack of government support

• Rising construction costs

• Structural imbalance

• High demand

What is one of the limitations of infrastructure spending in China?

• High inflation

• Lack of resources

• Political instability

• Already existing fabulous infrastructure

What percentage of global consumer exports does China account for?

• 20%

• 30%

• 10%

• 40%

What is a potential risk of supply chain disruptions in China?

• Decreased global inflation

• Increased global inflation

• Improved global economy

• Stable global economy

What is the expected trend for the renminbi in the coming year?

• Sideways trading

• Significant weakening

• Significant strengthening

• Rapid fluctuations

Why is China keen on engaging with countries like Australia?

• To limit international trade

• To increase domestic consumption

• To encourage foreign investment

• To reduce export manufacturing