U.S. Wants A Fair Relationship with China

U.S. Wants A Fair Relationship with China

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of US-China trade relations, focusing on Ambassador Tai's speech outlining four key points: re-engaging with China on the phase one trade agreement, restarting the tariff exclusion process, and emphasizing the need for competitive trade relations. The challenges of enforcing trade commitments, especially in light of the COVID pandemic, are highlighted. The resolution of the Huawei crisis is seen as a positive step, though it underscores risks for foreign investors. Despite these challenges, China remains a significant opportunity for global investors.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key actions the US plans to take regarding its trade relationship with China?

Increase tariffs on Chinese goods

Start phase two negotiations immediately

Re-engage on the phase one trade agreement

Ban all Chinese imports

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is there no real enforcement mechanism for the US in the phase one trade agreement with China?

The US has no interest in enforcing it

China has already met all commitments

The agreement was never officially signed

Any US action could lead to negative repercussions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the challenges faced by the US in its trade relationship with China?

Lack of interest from US businesses

The COVID pandemic's impact on trade

China's complete compliance with trade agreements

Overwhelming support from the US public

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant outcome of resolving the Huawei-related hostage crisis?

Complete ban on Huawei products in the US

Immediate start of phase two negotiations

Removal of a major source of tension between the US and China

Increased tariffs on Chinese goods

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential risk for foreign investors in China highlighted by the Huawei crisis?

Increased tariffs on exports

Unlawful detention of foreign nationals

Complete market closure

Mandatory joint ventures with Chinese companies

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does China's focus on domestic consumption affect foreign investors?

It creates new opportunities for foreign investors

It results in a complete market closure

It reduces opportunities for foreign investors

It leads to increased tariffs on foreign goods

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of China in a global investment portfolio?

It is less important than it was 10 years ago

It is more important than it was 10 years ago

It is only important for technology investments

It has no significance