What was the primary reason for the PBOC's 10 basis point rate cut?
Expect China GDP to Grow 5.5% in 2023: UBP's Casanova

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To match the US interest rates
To increase government debt
To stimulate the economy broadly, including manufacturing and investment
To address issues in the housing sector only
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the expected measures the PBOC might take to support the economy?
Decrease government spending
Expand the balance sheet
Increase taxes on real estate
Raise interest rates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the revised growth forecast for China's economy?
5.5%
7%
4.5%
6%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is a strong yuan not beneficial for China at this time?
It leads to higher inflation
It increases import costs
It strengthens local government financing vehicles
It reduces export market share
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What risk is associated with competitive devaluation of the yuan?
Improved local government finances
Higher GDP growth
Aggravation of existing financial risks
Increased foreign investment
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