China Accelerates Financial Opening

China Accelerates Financial Opening

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the current restrictions in the futures and securities markets and their implications for foreign companies. It highlights the acceleration of market opening timelines and new measures, such as full foreign ownership and application reviews for electronic payment services. The changes impact global giants like JP Morgan and Black Rock, as well as Chinese firms. The discussion also touches on the economic context, with China seeking foreign inflows to counteract its current account deficit, and estimates of potential profits by 2030.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent change has been made to the timeline for foreign ownership in China's securities market?

It has been delayed by a year.

It has been brought forward to April 1st.

It has been canceled.

It remains unchanged.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which global financial firm has expressed a strong interest in full ownership in China?

Deutsche Bank

Morgan Stanley

Goldman Sachs

JP Morgan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of the new policies on Chinese firms?

They will face more restrictions.

They will benefit from nondiscriminatory treatment.

They will be excluded from the market.

They will have to merge with foreign firms.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is China seeking foreign capital inflows?

To increase its foreign reserves.

To address a current account deficit.

To support its currency.

To fund infrastructure projects.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By 2030, how much profit is expected for securities firms and commercial banks in China?

$15 billion

$5 billion

$20 billion

$9 billion