VOICED : Economic challenges confronting China's

The video discusses the economic challenges faced by China, including the impact of global economic issues like the European debt crisis and US economic weakness on China's export growth. It highlights the need for political and economic rebalancing as the Communist Party leadership changes. The video suggests that increasing domestic consumption could help stabilize China's economy, as retail sales have shown growth, but more focus is needed on encouraging the purchase of Chinese goods.

What are young workers in China primarily seeking in their jobs?

• Flexible working hours

• More vacation time

• Higher wages and better conditions

• Opportunities to travel abroad

What global economic issues are affecting China's export growth?

• Inflation in South America

• Trade agreements with Africa

• European debt crisis and US economic weakness

• Rising oil prices

What significant political event is mentioned as a challenge for China?

• The launch of a new space program

• A major trade deal with Russia

• A change in Communist Party leadership

• The introduction of a new currency

What is one of the main reasons China's growth model is considered unsustainable?

• Lack of technological innovation

• Decline in population growth

• Significant buildup of debt

• Over-reliance on agriculture

What is a potential solution to help stabilize China's economy?

• Cutting down on technology development

• Reducing the number of exports

• Increasing domestic consumption

• Investing in foreign real estate