China Economy Soars on Stronger Consumer Spending

The video discusses China's ongoing V-shaped economic recovery, highlighting a record growth of over 18% in a recent quarter and a rise in retail sales. Despite these positive signs, challenges remain, such as a slowdown in quarter-on-quarter growth, pressure on domestic travel, and weaknesses in the job market, particularly in youth employment. The recovery is described as uneven and lopsided, with certain sectors still experiencing softness.

What was the recorded growth percentage for China in the quarter mentioned?

• 18%

• 20%

• 15%

• 22%

Which sector in China showed a significant increase in March?

• Retail sales

• Technology

• Agriculture

• Manufacturing

What was the quarter-on-quarter growth rate slowdown in China?

• From 5% to 2%

• From 4% to 1%

• From 3% to 0.6%

• From 6% to 3%

Which sector is still experiencing softness due to restrictions?

• Technology sector

• Service sector

• Manufacturing sector

• Agricultural sector

How is China's economic recovery described in the final section?

• Stable and balanced

• Uneven and lopsided

• Rapid and consistent

• Slow and steady