Chinas 7.3% GDP Growth Curbs Stimulus Expectations

Chinas 7.3% GDP Growth Curbs Stimulus Expectations

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses China's economic performance, highlighting a slight growth in the third quarter, driven by exports despite domestic weaknesses, particularly in the real estate sector. It examines the momentum going into the fourth quarter, noting improvements in industrial output and electricity production. The discussion also covers the Chinese government's targeted measures to support the real estate sector and the banking system, suggesting that while the economy is weak, it does not require major stimulus or interest rate cuts. Employment remains robust, supporting the case for targeted interventions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the growth rate of China's GDP in the third quarter, and how did it compare to expectations?

7.4%, significantly better than expected

7.1%, below expectations

7.2%, exactly as expected

7.3%, slightly better than expected

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector is identified as the biggest challenge for China's domestic economy?

Real Estate

Technology

Manufacturing

Agriculture

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the industrial output growth in September, and how did it compare to August?

8.5%, up from 7% in August

6.5%, up from 5% in August

7%, down from 8% in August

8%, up from 6.9% in August

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Chinese government's approach to supporting the economy in the fourth quarter?

Increasing taxes on exports

Implementing major stimulus packages

Rolling out targeted measures

Cutting interest rates significantly

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is a major stimulus not deemed necessary for China's economy at this time?

The economy is too strong

Employment remains robust

Interest rates are already low

Exports are declining