Blackstone: China's Policies Amid Outbreak Gave Confidence to Investors

The video discusses the economic impact of the coronavirus on global markets, highlighting the proactive measures taken by policymakers, especially in China, to mitigate these effects. It distinguishes between micro and macroeconomic perspectives, noting that while companies may struggle, the overall economic impact is expected to be transient. The discussion also touches on the implications for the US-China phase one trade deal, suggesting potential delays in meeting obligations due to the pandemic.

What measures did Chinese policymakers take to instill confidence among global investors during the coronavirus outbreak?

• Decreased foreign investments

• Implemented travel bans

• Reopened equity markets and introduced stimulus

• Increased import tariffs

How did various countries respond to the economic impact of the coronavirus?

• By reducing government spending

• By closing all financial markets

• By implementing fiscal policies and rate cuts

• By increasing interest rates

What is the speaker's view on the macroeconomic versus microeconomic impact of the coronavirus?

• Macroeconomic conditions will worsen significantly

• Microeconomic conditions will improve rapidly

• Both macroeconomic and microeconomic conditions will remain unchanged

• Macroeconomic conditions may stabilize, but companies may still struggle

What potential impact does the coronavirus have on the phase one trade deal between the US and China?

• The US might allow more time for China to meet obligations

• The deal will be canceled

• The US will impose stricter deadlines

• China will withdraw from the deal

What is the speaker's prediction regarding a phase two trade deal?

• It will not be affected by the coronavirus

• It will be finalized within a few months

• It will be delayed until after the US elections

• It will be completed in 2020