China to Add Targeted Stimulus, Scotiabank's McCully Says

China to Add Targeted Stimulus, Scotiabank's McCully Says

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Interactive Video

Business

University

Hard

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The video discusses the economic slowdowns in China and India. China's industrial profits are declining due to deflation and weaker production, amidst trade disputes. The government is using targeted monetary and fiscal measures to stabilize the economy. In India, growth has slowed significantly, with weakened consumer demand and investment. The government is attempting to counteract these issues with stimulus measures, but long-term structural reforms are needed.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the factors contributing to the economic slowdown in China?

Rising export demand

Strong industrial production

Increased consumer spending

Deflation in upstream industries

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measures have Chinese authorities taken to address the economic slowdown?

Cutting government spending

Reducing interest rates

Increasing taxes

Raising reserve requirements

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected growth rate for India in the latest quarter mentioned?

6.8%

5.7%

4.6%

3.5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the challenges facing the Indian economy?

Trade-related uncertainty

Robust investment activity

High business confidence

Strong rural demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What long-term solution is suggested for addressing India's economic issues?

Increasing short-term loans

Implementing structural reforms

Raising interest rates

Reducing foreign investments