Westpac's Rennie Sees Some Slowing in China

The video discusses the synchronized global growth driven by export economies like South Korea, Taiwan, and China. It examines the impact of the Lunar New Year on economic indicators such as PMI, suggesting a potential slowdown in activity. Regional indicators like air freight and US imports show signs of softening. The video also explores trade tensions and highlights the role of intra-Asian trade and European demand in sustaining growth.

Which economies are primarily driving the synchronized global growth story?

• United States and Canada

• South Korea, Taiwan, and China

• Germany and France

• Brazil and Argentina

What factor is mentioned as potentially affecting the PMI and economic indicators?

• The constant growth of the US economy

• The fluctuating date of the Lunar New Year

• The fixed date of the Lunar New Year

• The stability of the Euro

What are some signs of softening in economic activity mentioned in the second section?

• Decreased air freight and softening US imports

• Stable air freight and consistent US imports

• Increased air freight and rising US imports

• Rising air freight and increasing US imports

Which region is contributing to Asian export and trade growth?

• North America

• Europe

• Africa

• South America

How is China insulating its trade from regional frictions?

• By focusing solely on domestic trade

• By reducing trade with ASEAN

• By trading more with North America

• By increasing trade with ASEAN and belt and road economies