Goldman Sachs' Ha Jiming on China

The video discusses China's economic growth forecast, highlighting concerns about the high debt to GDP ratio and potential risks such as a property bubble and currency issues. It examines the challenges in balancing short-term stability with long-term risks, particularly in the property market. The discussion also covers the potential strategy for currency devaluation and its implications for China's economy.

What is the projected economic growth rate for China over the next five years?

• 6.5%

• 5.5%

• 7.5%

• 8.5%

What is a major risk associated with China's high debt-to-GDP ratio?

• Lower property prices

• Increased foreign investment

• Economic instability

• Higher household wealth

What is one of the risks mentioned in relation to China's currency?

• Stable currency value

• Downward pressure on the currency

• Increased foreign exchange reserves

• Upward pressure on the currency

What is the Chinese government's strategy to address the property market issue?

• Encouraging foreign investment

• Reducing property prices

• Asking households to buy property

• Increasing property taxes

What is a potential consequence of maintaining short-term stability in China's economy?

• Increased long-term growth

• Reduced household debt

• Long-term economic risks

• Stable property market