China's XI 'Wrong-Footed' on Trade War, Oxford's Magnus Says

The video discusses the impact of tariffs on China's GDP, highlighting Bloomberg Economics' projections. It examines China's economic measures, including currency depreciation and easing policies, and explores the dynamics of the trade war, including potential retaliations and political implications for China. The video identifies vulnerable sectors in China and considers future trade scenarios, emphasizing the challenges China faces in finding alternative trade partners.

What is the projected impact on China's GDP growth if tariffs remain at a 10% rate?

• No impact

• A 0.5% decrease

• A 1% increase

• A 2% decrease

What measures has China taken to offset the impact of tariffs?

• Devaluation of the yuan and easing measures

• Increased tariffs on US goods

• Reduced domestic production

• Increased exports to Europe

How has President Xi's leadership been affected by the trade war?

• It has been widely praised

• It has led to increased support

• It has faced criticism from unexpected quarters

• It has remained unaffected

Which sectors in China are most vulnerable to the trade war?

• Consumer goods and intermediate goods

• Technology and agriculture

• Automobile and textile

• Healthcare and education

What strategy might China use against American companies in response to the trade war?

• Increase exports to the US

• Ban American imports

• Target American companies operating in China

• Increase tariffs on American goods

What is a potential consequence of China devaluing the yuan?

• It would stabilize the economy

• It would be seen as a provocative move

• It would decrease imports

• It would increase exports

What might American companies do in response to the tariffs?

• Seek to avoid tariff pressures by adjusting supply chains

• Increase production in China

• Increase prices of goods

• Stop exporting to China