China’s Growth Is Going to Stabilize From Here, Says UBS’s Wang

The transcript discusses China's economic performance, highlighting a better-than-expected Q1 growth of 6.4%. The property market and consumer confidence have improved due to credit easing and positive trade deal prospects. Despite a slight dip in PMI, industrial production remains in expansionary territory. Stimulus measures, including tax cuts and infrastructure investments, are expected to bolster the economy. The main drivers of GDP growth in 2019 are government stimulus and improved trade relations, offsetting trade conflict headwinds.

What was the growth rate of China's economy in the first quarter?

• 6.0%

• 7.0%

• 6.4%

• 5.8%

Which factor contributed to improved consumer confidence in China?

• Decreased property prices

• Increased taxes

• Easing of credit and liquidity

• Rising unemployment

What was the state of the April PMI data for China?

• Significantly higher than expected

• Unchanged from March

• In expansionary territory

• In contraction territory

What is one of the main drivers of China's GDP growth in 2019?

• Government stimulus

• Rising inflation

• Increased tariffs

• Decreased exports

How did the US-China trade conflict affect China's GDP growth?

• It had no impact

• It was a major headwind

• It led to a recession

• It boosted growth significantly