China Economy to Face Pain Before Turnaround, ING's Carnell Says

What is a major challenge China faces with its credit impulse?

• Reducing employment

• Supporting private-owned enterprises

• Increasing interest rates

• Directing funds to state-owned enterprises

What is the Chinese government's approach to economic stimulus?

• Full-scale monetary stimulus

• Tax cuts for the masses

• Increasing export tariffs

• Reducing fiscal measures

What is a concern for the wealthy regarding China's economic measures?

• Decreased export opportunities

• Higher interest rates

• Having to compensate for tax cuts

• Increased property taxes

How has the trade war affected China's economy?

• It has boosted retail sales

• It has had no impact

• It has increased employment

• It has negatively impacted consumption

What is a potential outcome of currency speculation in China?

• Stabilization of the economy

• Awkward bets on currency values

• Decreased trade opportunities

• Increased foreign investment