China Stability Carries Into 2017

The video discusses the stability and volatility of the Chinese economy, focusing on the renminbi and its impact on exporters and manufacturers. It highlights the effects of trade tensions, particularly with the U.S., on the Purchasing Managers' Index (PMI) and the Chinese economy's objectives. The manufacturing sector shows a slight dip in PMI due to the Lunar New Year, but overall conditions are improving. The non-manufacturing sector, including services and construction, is robust and continues to drive economic growth.

What was a significant factor affecting the PMI in January?

• A sudden increase in exports

• The Lunar New Year holiday

• A rise in inflation rates

• A decrease in global demand

What does a PMI above 50 indicate?

• Volatile economic conditions

• Improving economic conditions

• Stable economic conditions

• Declining economic conditions

Which sectors have been working off their excess inventories?

• Agriculture and textiles

• Steel and coal

• Technology and finance

• Automotive and aerospace

Since 2008, how often has the non-manufacturing PMI been below 53?

• Once

• Twice

• Four times

• Three times

What is a key driver of the Chinese economy as it transitions to a service-based model?

• Services and construction

• Manufacturing

• Agriculture

• Mining