What Does Hong Kong Mean to the Global Economy?

What Does Hong Kong Mean to the Global Economy?

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the ongoing protests in Hong Kong, highlighting the differences from past demonstrations and the strong positions held by both the government and protesters. It examines the economic impact on Hong Kong, noting its reduced significance to China's GDP. The Chinese government's likely response to the Occupy Central movement is analyzed, with predictions of slowed economic reforms. The video also covers market reactions, including the upcoming dual system linking Shanghai and Hong Kong, and its effects on share prices.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been a significant change in the nature of protests in Hong Kong over the years?

Protests have become more serious and unpredictable.

Protests are now more coordinated with authorities.

Protests are now supported by the government.

Protests have become less frequent.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has Hong Kong's contribution to China's GDP changed since the handover?

It has increased significantly.

It has remained the same.

It has become negligible.

It has decreased from 16% to around 2-3%.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do Chinese companies prefer to list publicly in Hong Kong rather than on Chinese exchanges?

Chinese exchanges have higher taxes.

Hong Kong has lower listing fees.

Chinese exchanges are not open enough.

Hong Kong offers better water quality.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of the Chinese government's handling of the Occupy Central movement?

Increased foreign investment in Hong Kong.

Immediate resolution of the protests.

Acceleration of economic reforms.

Slowing down of certain economic reforms.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant market change is expected with the introduction of the dual system linking Shanghai and Hong Kong?

The dual system will be exclusive to local investors.

Shanghai shares are expected to decrease.

Hong Kong shares are expected to rise.

Investors in Hong Kong can buy Chinese shares for the first time.