China's Central Bank Will Keep Policy Appropriate and Supportive: Governor

China's Central Bank Will Keep Policy Appropriate and Supportive: Governor

Assessment

Interactive Video

Business

University

Hard

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The video discusses the economic policies of major economies, focusing on China's 2021 performance and future prospects. It highlights the challenges faced by emerging markets due to global financial conditions and the importance of regional financial cooperation. Currency swaps and local currency settlement frameworks are emphasized as tools for enhancing financial stability and trade. The video concludes with a call for continued cooperation to promote local currencies and ensure economic resilience.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the GDP growth rate of China in 2021?

6.5%

7.2%

9.0%

8.1%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor is NOT mentioned as a challenge to China's economic growth?

Volatile internal conditions

Political instability

External financial conditions

High inflation rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key strategy for central banks in advanced economies to manage market expectations?

Increasing interest rates

Boosting exports

Enhancing market communication

Reducing inflation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are emerging markets more vulnerable to external financial conditions?

High vaccination rates

Weak healthcare systems

Strong financial systems

Stable political environments

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one benefit of currency swaps among Asian countries?

Boosted financial safety net

Enhanced trade barriers

Increased inflation

Reduced foreign investment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries have established bilateral local currency settlement frameworks since 2016?

China and India

Vietnam and Singapore

Thailand and Malaysia

Japan and South Korea

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one impact of the local currency settlement frameworks on trade?

Improved trade efficiency

Higher currency exchange costs

Increased exchange risk

Decreased local currency usage