Credit Agricole Says Momentum in China's Economy Robust

Credit Agricole Says Momentum in China's Economy Robust

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Business

University

Hard

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The transcript discusses recent PMI data, showing a slight improvement in both manufacturing and non-manufacturing sectors, with figures above expectations. Despite factors like capacity cuts, monetary tightening, and a cooling real estate market, the economic sentiment remains strong, indicating robust momentum in the economy. The discussion suggests a gradual slowdown in the coming quarters, with China performing well.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the manufacturing PMI figure reported in the latest data?

50.5

51.7

52.3

51.0

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is Dallas Kovalchik associated with?

Credit Agricole CIB

Deutsche Bank

Goldman Sachs

JP Morgan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the expert's initial expectation regarding economic sentiment?

Stronger sentiment

Unpredictable sentiment

Weaker sentiment

No change in sentiment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor was NOT mentioned as a challenge to the economy?

Higher funding costs

Stronger currency

Capacity cuts

Increased government spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted economic trend for China in the coming quarters?

Rapid growth

Stagnation

Gradual slowdown

Immediate recession