Chinese Premier's Message to Trump, World

Chinese Premier's Message to Trump, World

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses China's strategic response to changes in US trade policy under President Trump, focusing on trade agreements like NAFTA and TPP. It highlights China's position as a major beneficiary of the current global trade status quo and explores the potential opportunities and challenges arising from the US's withdrawal from trade commitments in Asia. The discussion also covers China's domestic reform efforts, particularly in sectors like steel and aluminum, and the implications for US-China trade relations. Additionally, the video examines China's management of capital flows and its impact on global real estate markets.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is China's main reason for wanting to maintain the current global trade status quo?

To reduce its dependency on imports

To continue benefiting from exports

To avoid conflicts with the US

To increase its trade surplus

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the US withdrawal from the TPP create an opportunity for China?

By enabling China to reduce its trade surplus

By allowing China to increase its military presence in Asia

By allowing China to focus on domestic consumption

By giving China room to negotiate its own trade agreements in Asia

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key challenge for China in shifting towards a domestic consumption-oriented economy?

The need for immediate changes in savings and investment balance

The lack of interest in domestic consumption

The absence of a trade surplus

The dependency on foreign investments

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What sectors are considered sensitive for both the US and China, potentially leading to a win-win situation?

Technology and agriculture

Steel and aluminum

Textiles and electronics

Automobiles and pharmaceuticals

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Kyle Bass, what concurrent events are expected to cause significant changes in China?

China's increased military spending and US trade policies

China's economic restructuring and Trump's trade deals

China's technological advancements and US economic growth

China's environmental policies and US diplomatic strategies

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main strategies China is using to manage capital outflows?

Increasing foreign investments

Reducing export tariffs

Raising domestic interest rates

Implementing cross-border capital flow controls

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is China's short-term priority in managing its currency and capital flows?

Opening its capital account

Increasing foreign investments

Expanding its trade surplus

Managing the yuan and reducing capital outflows