China's Economy Accelerated for a Second Straight Quarter

China's Economy Accelerated for a Second Straight Quarter

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses China's economic performance, highlighting a 6.9% GDP growth in Q1, the highest since 2015. It examines risks like real estate and capital outflows, which have eased, and the US-China trade relationship. Key growth drivers include investment and exports. Retail sales, fixed asset investment, and industrial production exceeded expectations, suggesting continued growth. The PBOC may adjust rates in response. Long-term concerns include reliance on investment and shadow banking. Overall, the Chinese economy shows strong momentum.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the GDP growth rate for China in Q1, and how does it compare to previous quarters?

6.9%, the highest since Q4 2015

6.8%, the highest since Q4 2013

6.5%, the highest since Q4 2016

7.0%, the highest since Q4 2014

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following risks did not materialize for the Chinese economy in 2017?

US-China trade tariffs

Increased capital outflows

Rising unemployment

Real estate sector collapse

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the retail sales growth rate in March, and how did it compare to expectations?

10.0%, exceeding the expected 9.5%

11.0%, matching the expected 11.0%

9.5%, below the expected 10.0%

10.9%, exceeding the expected 9.7%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic indicator showed a 9.2% growth in March, surpassing expectations?

Consumer spending

Retail sales

Fixed asset investment

Industrial production

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the likely action of the PBOC in response to the strong economic indicators?

Lower interest rates

Stop all rate adjustments

Increase rates prudently

Maintain current rates