Alibabas 'Singles Day Global Plan: Will It Work?

The video discusses China's efforts to stimulate domestic demand through policy changes, such as relaxing mortgage requirements and boosting lending. It highlights Alibaba's attempt to globalize Singles Day and examines the impact of debt on Chinese consumption. The discussion also covers the challenges posed by corporate and local government debt, questioning whether China will experience a soft or hard economic landing.

What measures has the Chinese government taken to stimulate domestic demand?

• Reducing interest rates on savings

• Implementing stricter lending policies

• Relaxing mortgage requirements

• Increasing taxes on imports

What is Alibaba's goal for Singles Day?

• To make it a national holiday

• To limit it to Chinese consumers

• To transform it into a global event

• To reduce the number of participating retailers

What is the proposed 'National Debt Day' in China?

• A day to acknowledge the country's debt levels

• A day to celebrate economic growth

• A day to promote savings among citizens

• A day to encourage foreign investment

How does China's mortgage debt as a percentage of GDP compare to that of the United States?

• It is the same as in the United States

• It is lower than in the United States

• It is higher than in the United States

• It is not measured in China

What is a significant concern regarding China's corporate debt?

• It is mostly in the technology sector

• It is decreasing rapidly

• It is growing faster than GDP

• It is primarily held by foreign investors