Lagarde Calls for Action Against ÷New Mediocre

The video discusses the concept of a 'new mediocre' in the global economy, characterized by crisis legacies, high indebtedness, and uncertainty. It highlights economic challenges in China, with manufacturing and services sectors under pressure, and updates on the Eurozone and Hong Kong markets amid political protests.

What are some of the legacies of the financial crisis mentioned in the video?

• Technological advancements

• High levels of debt and unemployment

• Increased global trade

• Rising inflation rates

What economic challenge is China facing according to the video?

• A rise in manufacturing output

• A drop in services PMI

• An increase in foreign investments

• A surge in consumer spending

What action is the Chinese government under pressure to take?

• Increase taxes

• Implement stimulus measures

• Cut government spending

• Reduce interest rates

What event caused a significant impact on Hong Kong's stock market?

• A natural disaster

• Pro-democracy protests

• A new government policy

• A trade agreement

What was the response of Hong Kong's top official to the protests?

• Implemented new laws

• Resigned from office

• Agreed to talks

• Increased police presence