What factors contributed to the weak economic data anticipated for August?
Standard Chartered's Ding on China's Economy & 'Common Prosperity' Drive

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Flooding and COVID-19 impacts
Decreased government spending
Increased industrial production
Rising employment rates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main goal of China's common prosperity initiative?
To reduce international trade
To create a society with abundance and equality
To increase military spending
To focus solely on urban development
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Chinese government plan to support the private sector?
By nationalizing all private companies
By protecting intellectual property rights
By limiting foreign investments
By reducing taxes on luxury goods
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the challenges the Chinese government faces in achieving common prosperity?
Increasing the number of state-owned enterprises
Focusing only on rural areas
Reducing the number of public services
Avoiding suffocation of entrepreneurship and innovation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected impact of creating a big middle class in China?
Reduced employment opportunities
Increased consumption
Higher income inequality
Decreased social stability
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What demographic policy change is China implementing to address its demographic challenges?
Increasing retirement age
Reducing healthcare services
Promoting single-child families
Encouraging a third child
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the common prosperity initiative relate to demographic changes?
It plans to eliminate family planning policies
It focuses on reducing the birth rate
It seeks to reduce the cost of raising children
It aims to increase the cost of raising children
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