UBS' Kwok Sees More pronounced China Slowdown in 2018

The video discusses China's PMI numbers, indicating economic expansion with a PMI of 50.4. State official numbers also show better-than-expected growth, suggesting stability. Despite reports of a slowdown, the economy shows resilience with strong consumption and exports. The correlation between industrial metals and PMI is highlighted, with projections indicating a gradual slowdown post-party Congress, mainly due to property and credit issues.

What does a PMI number above 50 indicate about an economy?

• Contraction

• Expansion

• Stagnation

• Recession

Which quarter did China experience the best headline momentum according to the transcript?

• Q1

• Q2

• Q4

• Q3

What is the role of supervisory training in China's economic strategy?

• To increase exports

• To balance investment softening

• To enhance property development

• To reduce consumption

What is the relationship between industrial metals and PMI as discussed in the transcript?

• They are inversely related

• They have no correlation

• They are unrelated

• They track each other closely

When is the more pronounced part of China's slowdown expected to occur?

• In 2018

• In 2019

• In 2017

• In 2020