What Are the Most Prevalent Risks for China in 2017?

What Are the Most Prevalent Risks for China in 2017?

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses China's economic stabilization, primarily driven by public sector investment, and the challenges posed by weak private sector investment and state-owned monopolies. It highlights the difficulties in managing currency depreciation amid rising US interest rates and the potential impacts of a trade war with the US. The discussion also touches on the political challenges in implementing economic reforms under President Xi Jinping, questioning his economic vision and the need for leadership changes to drive reform.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for the stabilization of the Chinese economy according to the first section?

Increased private sector investment

Foreign direct investment

Public sector capital investment

Reduction in state-owned enterprises

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a fundamental problem with the Chinese economy as discussed in the first section?

High inflation rates

Over-reliance on foreign investment

Excessive private sector growth

Lack of serious economic reform

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge in breaking up state monopolies in China?

Technological barriers

High public support for monopolies

Insufficient financial resources

Lack of political capability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 'impossible trinity' that China is trying to manage?

Monetary policy, fiscal policy, and trade policy

Interest rate, foreign exchange rate, and capital mobility

Interest rate, inflation, and unemployment

Trade balance, inflation, and GDP growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might China respond to a potential 45% tariff on its imports by the US?

Implement a massive currency devaluation

Seek international arbitration

Reduce its export volume

Increase its own tariffs on US goods

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key difference between President Xi's supply-side restructuring and traditional supply-side reforms?

Increasing foreign investment

Focus on reducing taxes

Strengthening state monopolies

Encouraging private sector growth

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential outcome of the next party Congress in China regarding economic leadership?

Continuation of current policies

Replacement of the current Prime Minister

Introduction of new trade tariffs

Increase in state-owned enterprises