Lehr: Must Foster China Confidence in 'Made in China'

The video discusses China's aggressive economic reform agenda, focusing on supply-side strategies to avoid past fiscal stimulus methods. It highlights the transition from rural to urban economies and the need to develop a purchasing middle class. The discussion also covers the limited impact of government stimulus on the broader economy and the challenges of state-owned enterprise reform. Additionally, it emphasizes China's investment in green energy as a key area for global cooperation and economic growth.

What is the primary focus of the new economic strategy discussed in the first section?

• Monetary policy

• Trade liberalization

• Supply-side economics

• Demand-side economics

What is a significant challenge in transitioning to a consumption-based economy in China?

• Shortage of skilled labor

• Over-reliance on foreign investments

• Lack of consumer confidence in domestic products

• High export tariffs

What is one of the key indicators to watch in China's long-term economic strategy?

• Foreign exchange reserves

• Interest rates

• State-owned enterprise reform

• Inflation rates

How does China view green energy investment in terms of international relations?

• As a competitive advantage over other countries

• As a potential area for cooperation with the United States

• As a means to reduce trade deficits

• As a way to increase military power

What is the potential market value of the private sector in green energy, according to a Goldman Sachs report?

• 750 billion dollars

• 2 trillion dollars

• 1 trillion dollars

• 500 billion dollars