Euler Hermes Chairman Weighs In on China's Economy

The video discusses the economic outlook, focusing on the lack of improvement in underlying factors and the forecasted increase in company insolvencies in China. It highlights the performance of various sectors, noting government support in some areas and challenges in others, like textiles. The regional impact of China's lower growth is examined, with specific effects on neighboring countries and Australia. Japan and Korea are noted as exceptions due to their unique economic strategies, including protectionism and monetary policy adjustments.

What was the predicted increase in company insolvencies in China for 2016?

• 15%

• 25%

• 20%

• 30%

Which sector is expected to perform poorly in 2016 due to price competition?

• Telecommunications

• Textile

• High tech

• Automotive

Which countries are expected to be negatively impacted by China's lower growth?

• Japan and Korea

• Russia and Ukraine

• Thailand and Taiwan

• India and Pakistan

What is a key reason for Korea's economic resilience?

• Low inflation rates

• Strong tourism sector

• Protectionist policies

• High foreign investment

How does Japan's monetary policy help its economy?

• By increasing interest rates

• By reducing government spending

• By strengthening the yen

• By providing loose monetary policy