CFR's Liu on China's Economic Outlook

CFR's Liu on China's Economic Outlook

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses China's economic challenges, focusing on structural issues like debt, demographics, decoupling, and demand. It highlights the stagnation in household consumption and explores potential policy measures to stabilize the economy, such as employment stabilization and easing consumer credit. The video also examines US-China geopolitical tensions and their economic implications, as well as the role of the yuan in global markets.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the four structural problems mentioned that hinder China's economic recovery efforts?

Debt, Demographics, Decoupling, Demand

Debt, Development, Decoupling, Demand

Debt, Demographics, Development, Demand

Debt, Demographics, Decoupling, Development

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does China's household consumption as a percentage of GDP compare to the global average?

China's is higher at 70%

China's is lower at 50%

China's is lower at 40%

China's is equal at 60%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two main factors affecting household consumption growth in China?

High taxes and low savings

Government policies and market instability

Deteriorating household balance sheets and slow disposable income growth

High inflation and unemployment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key focuses for the Chinese government to stabilize the economy?

Increase government spending

Stabilize employment and ease consumer credit

Reduce exports

Increase taxes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential obstacle for boosting household consumption in China?

High inflation

Lack of resources

Political factors

High interest rates

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant aspect of Secretary Raimondo's visit to China?

It was the first visit by a US official

It was the fourth visit by a Biden administration cabinet member

It resulted in new trade agreements

It led to increased tariffs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is China's intention regarding the yuan in the global market?

To dethrone the US dollar

To decrease exports

To reduce economic vulnerabilities

To increase inflation