NUS's Hofman on China's Economic Outlook

NUS's Hofman on China's Economic Outlook

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the current pressures on the Chinese economy, focusing on the real estate sector, slowing demand, and supply shocks. It highlights the government's emphasis on stability and common prosperity, with specific policies for housing. The central government is decentralizing economic issues to local governments, with no bailouts for troubled real estate companies. Monetary and fiscal policies are being adjusted for flexibility, aiming to maintain economic stability while addressing reduced demand from the real estate sector.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the key pressures currently facing the Chinese economy?

Increasing foreign investments

Surplus in energy supply

Slowing demand in the real estate sector

Rising employment rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected growth rate for China in the fourth quarter?

10%

Between 3% and 4%

4.9%

7.9%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Chinese government's stance on the real estate sector's debt issues?

The government will provide a massive bailout

Enterprises must resolve their own debt issues

The government will nationalize the real estate sector

Debt issues will be ignored

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major theme in China's policy rhetoric besides stability?

Globalization

Technological advancement

Military expansion

Common prosperity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has China's monetary policy changed recently?

It has become more rigid

It has been completely abandoned

It has become more flexible

It has remained unchanged

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What fiscal policy challenge is China facing?

Excessive fiscal surplus

Ineffective fiscal boost mechanisms

Over-reliance on foreign aid

Lack of government spending

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role do local governments play in managing the real estate sector's challenges?

They are responsible for managing troubled companies

They will increase taxes on real estate

They will receive direct bailouts from the central government

They have no role