What were the initial economic challenges faced by China at the start of the year?
China's Factory Activity Contracts Amid Cities' Lockdown

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A surge in domestic COVID-19 cases and geopolitical tensions
A decline in global oil prices
An increase in foreign investments
A rise in agricultural exports
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected impact of the COVID-19 situation on China's GDP in the near term?
No impact on GDP
An increase in GDP by 10%
A complete economic recovery
A downside risk affecting 20% of GDP
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which policy measure is NOT mentioned as a potential response to stabilize China's economy?
Fiscal transfers to affected households
Increased tariffs on imports
Support for the housing market
Policy rate cuts
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor for the normalization of economic activity in China?
Increasing public gatherings
Reducing foreign trade
Improving COVID-related medicine and vaccination
Increasing the number of COVID-19 cases
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected timeline for China's exit strategy from the current COVID-19 situation?
In the next decade
By the end of the month
Up to one to two years
Within a few weeks
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current trend in China's housing market according to the transcript?
Stable property sales with no change
A notable year-on-year decline in property sales
A complete halt in property transactions
A significant increase in property sales
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is crucial for stabilizing China's housing market in the near term?
Reducing interest rates on mortgages
Continuous policy support signals from the government
Increasing property taxes
Decreasing construction of new homes
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