CLEAN : China 2015 growth slows to weakest for 25 years

The video discusses the economic expectations for 2015, highlighting a GDP growth of 6.9% and a slowdown in fixed asset investment. It explores the challenges of a slowing economy, emphasizing the pressure on consumers and services. The analysis of data points reveals a consistent story of economic struggle, with nominal GDP growth declining from 20% to 6.2% over five years. The complexity of measuring economic activity is acknowledged, and the need for balancing growth with reforms is emphasized. The video concludes that a $10 trillion economy cannot sustain an 8% growth rate indefinitely.

What was the expected GDP growth at the start of 2015?

• 6.9%

• 8.0%

• 5.5%

• 7.5%

Which economic indicator showed a growth of less than 10%?

• Fixed asset investment

• Export growth

• Service sector growth

• Consumer spending

Over the last five years, how much did the nominal GDP growth decline?

• From 18% to 7.0%

• From 22% to 8.0%

• From 15% to 5.5%

• From 20% to 6.2%

What is suggested about the actual level of economic activity compared to the data?

• It is lower than the data suggests

• It is higher than the data suggests

• It matches the data exactly

• It is not measurable

Why is it challenging to restructure a slowing economy?

• Because of high inflation rates

• Due to the complexity and size of the economy

• Because of political instability

• Due to lack of resources