3 Charts to Know: China Home Prices Break Their Fall

3 Charts to Know: China Home Prices Break Their Fall

Assessment

Interactive Video

Business

University

Hard

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The video discusses trends in the Chinese property sector, highlighting changes in home prices across different city tiers. It notes a recent uptick in home prices, with variations between first, second, and third-tier cities. Despite rising prices, home sales have fallen, impacting China's GDP. The video also examines government policies aimed at redistributing economic activity from first-tier to lower-tier cities.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In October, how many out of 70 Chinese cities experienced a rise in home prices?

60

50

44

70

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which tier of cities in China experienced the steepest fall in home prices?

Fourth-tier cities

Third-tier cities

Second-tier cities

First-tier cities

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage change in home sales by volume, marking the largest drop in three years?

-3.5%

-10.0%

-5.0%

-8.5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of falling new Yuan loans and total social financing on China's GDP?

It boosts GDP growth

It stabilizes GDP growth

It has no impact on GDP

It drags on GDP growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of China's economy is made up by the property sector?

6.5%

7.5%

4.5%

5.5%