This Is the Start of Something in China, Says ING’s Pang

The transcript discusses the economic growth in China, highlighting infrastructure investments and the rise in PMI and industrial production. It examines the phase one trade deal between the US and China, focusing on uncertainties regarding agricultural purchases. The impact of the pig situation on China's food imports is also analyzed, noting that the situation is temporary and should not be overemphasized.

What factors contributed to the rise in PMI and industrial production?

• Increase in holiday spending

• Decrease in infrastructure investments

• Increase in infrastructure investments

• Reduction in retail sales

Why was the retail sales increase in November expected?

• Due to a decrease in industrial production

• As a result of increased exports

• Because of the 'double 11' month

• Due to a new government policy

What is the significance of the base effect in the current economic growth?

• It played a minimal role in growth

• It had a major impact on growth

• It was the sole reason for growth

• It caused a decline in growth

What is one of the uncertainties in the US-China trade deal?

• The exact amount of agricultural produce China will buy

• The rise in PMI

• The decrease in retail sales

• The increase in industrial production

How does the pig situation affect China's food imports?

• It decreases the need for food imports

• It has no impact on food imports

• It temporarily affects food imports

• It permanently increases food imports