China Unlikely to Lose Control of Yuan: TPW's Pelosky

China Unlikely to Lose Control of Yuan: TPW's Pelosky

Assessment

Interactive Video

Business

University

Hard

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The video discusses the recent weakness in the Chinese currency, which is rare, and contrasts current reserve requirement policies with those from a year ago. It highlights China's control over its currency and its policy flexibility to handle economic challenges, including COVID-19. The discussion also touches on the reopening of production in Shanghai.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent trend has been observed in the Chinese currency market?

Stability in the exchange rate

Weakness over five sessions

Volatility without a clear trend

Strengthening of the currency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has China's reserve requirement policy changed compared to last year?

It has remained the same

It has shifted from managing a strong currency to addressing current weaknesses

It has focused on increasing the reserve rate

It has been abolished

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is China's approach to managing its currency?

Ignoring market trends

Pegging it to the US dollar

Strictly controlling it to prevent instability

Allowing it to fluctuate freely

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What flexibility does China have to address economic challenges?

No flexibility at all

Both monetary and fiscal flexibility

Only monetary tools

Limited fiscal options

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has China managed its COVID-19 response in terms of production?

By ignoring the pandemic

By outsourcing production

By gradually reopening production facilities

By keeping all factories closed