Goldman Rethinks Expectations for Asian Profits on Virus Outbreak

The video discusses the economic impact of a crisis on China, predicting a severe impact in the first quarter with a recovery expected in the second quarter. China's growth is adjusted down from 5.9% to 5.5%, and further adjustments are made to earnings expectations for the region. The service sector is expected to be more affected than manufacturing due to the nature of demand recovery. The overall regional growth is projected to be around 8% with uncertainties remaining.

What was the revised annualized quarterly growth expectation for China in the first quarter?

• 4%

• 6%

• 3%

• 5%

By how many basis points were China's full-year growth numbers adjusted?

• 20 basis points

• 60 basis points

• 40 basis points

• 80 basis points

What is the expected EPS growth for the MCI China index after adjustments?

• 9%

• 8%

• 10%

• 7%

Which sector is more likely to recover delayed activity when demand returns?

• Service sector

• Manufacturing sector

• Technology sector

• Retail sector

Why is it harder to recover demand in the service sector?

• Service activities are often one-time and cannot be regained

• Service sector is less affected by economic changes

• Service sector has more flexible demand

• Service activities can be postponed indefinitely