China Exports Unexpectedly Rise in July

China Exports Unexpectedly Rise in July

Assessment

Interactive Video

Business

University

Hard

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The video discusses China's better-than-expected trade numbers, with exports rising by 3.3% and imports falling less than anticipated. Despite a higher trade surplus, external demand remains weak, particularly from the EU. The video explores the impact of stimulus measures, such as tax cuts, on China's manufacturing sector and the cautious policy response to potential tariffs from the US. The weakening yuan and its effect on exports are also examined, highlighting the challenges in China's economic growth trajectory.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in China's exports for July?

1.3%

9%

3.3%

5.6%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected growth rate for China's economy by the end of 2019?

7% to 7.2%

6% to 6.2%

5.5% to 5.7%

6.5% to 6.7%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the stance of the PBOC and Finance Ministry regarding aggressive stimulus?

They are increasing interest rates instead.

They have decided against any stimulus measures.

They are holding back on aggressive stimulus for now.

They are implementing aggressive stimulus immediately.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which major trading partner of China is experiencing weak demand?

India

Japan

European Union

United States

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the yuan's depreciation affected China's export competitiveness?

It has made exports less competitive.

It has had no impact on exports.

It has led to a trade deficit.

It has improved export competitiveness.