China Pledges Countermeasures to Trump's Trade War Escalation

The transcript discusses the potential retaliation by China in response to US tariffs, highlighting the surprise in the trade talks' progress. It examines the impact on the Chinese economy, noting the existing downward pressure and the trade war's effects. Despite challenges, China has policy options to maintain growth, such as encouraging lending and investing in infrastructure.

What was the reaction of China to the recent trade talks according to the transcript?

• They agreed to all terms proposed by the US.

• They expressed a robust response and warned of retaliation.

• They decided to withdraw from all trade discussions.

• They were optimistic about future negotiations.

What is the current state of the Chinese economy as mentioned in the transcript?

• It is slowing down with downward pressure.

• It is stable with no significant changes.

• It is unaffected by global economic trends.

• It is experiencing rapid growth.

Which of the following is NOT mentioned as a factor affecting the Chinese economy?

• Increased foreign investments

• Global growth slowdown

• Trade war tariffs

• Domestic pressures

What measures can China take to maintain economic growth according to the transcript?

• Increase taxes on exports

• Encourage lending and invest in infrastructure

• Limit central bank interventions

• Reduce government spending

What is the growth range that China aims to maintain?

• Between 8% and 8.5%

• Between 7% and 7.5%

• Between 6% and 6.5%

• Between 5% and 5.5%