This Is the Right Direction for Policy in China, Says ING's Carnell

This Is the Right Direction for Policy in China, Says ING's Carnell

Assessment

Interactive Video

Business, Social Studies, Other

University

Hard

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The video discusses recent economic policies by Chinese officials aimed at supporting private firms through bond financing, asset management plans, and potential tax cuts. It explores whether these measures are sensible given the economic headwinds and global challenges. The discussion also covers the affordability and risks of these policies, comparing them to past responses, particularly the 2015 approach. The focus is on supporting private companies, which are more exposed to trade war impacts, rather than state-owned enterprises.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent measures have Chinese officials taken to support private firms?

Increasing interest rates

Reducing import tariffs

Nationalizing private enterprises

Supporting bond financing and asset management plans

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main challenge for China in boosting its economy according to the transcript?

Political instability

Lack of natural resources

Global economic conditions

High inflation rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential consequence of not implementing the current economic measures?

Decrease in public debt

Stabilization of the stock market

Increase in foreign investments

Higher default rates

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the current economic strategy differ from that in 2015?

Increase in foreign investments

Reduction in public spending

Focus on private companies

Focus on state-backed companies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is rescuing private companies considered riskier than state-backed ones?

They are less innovative

They have less government support

They are more involved in the trade war

They have higher profit margins