No Urgency on Either Side to Reach China-U.S. Trade Deal, Brookings Fellow Says

No Urgency on Either Side to Reach China-U.S. Trade Deal, Brookings Fellow Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the US-China trade negotiations, highlighting initial low expectations and the lack of a detailed agreement. It examines China's economic indicators, such as PMI and growth rates, suggesting that China does not feel urgent pressure to make a deal. The video also explores changes in the Chinese negotiation team, including the addition of a hardliner, and the potential for a practical compromise that could be sold to China's Politburo.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the anticipated 'mini deal' between the US and China supposed to include?

A complete trade agreement

Specifics on agricultural purchases and easing Huawei sanctions

Visa-free travel between the two countries

Military cooperation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is there no significant urgency from the Chinese side to reach a trade deal?

They are focusing on other international partners

They are waiting for a new US administration

They have already reached an agreement

Their economy is growing faster than the US

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the manufacturing PMI being below 50 for China?

It reflects a booming economy

It indicates economic contraction

It shows economic expansion

It means the economy is stable

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What change in the Chinese negotiating team is seen as a positive sign for reaching a deal?

Inclusion of a hardliner Commerce Minister

Exclusion of the Deputy Prime Minister

Addition of more US-friendly negotiators

Removal of all previous team members

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is seen as having significant influence in the Chinese negotiation process?

The Deputy Prime Minister

The US President

The World Trade Organization

The European Union