2022 Bloomberg New Economy Forum Day 1 Closing Remarks

The Bloomberg New Economy Forum's first day featured discussions on US-China relations, digital transformation, resource scarcity, and economic challenges. Vice President Wang Shishan and Dr. Henry Kissinger expressed optimism about US-China cooperation. The forum also highlighted digitalization's impact on emerging markets and the challenges posed by resource scarcity and geopolitical tensions. Economic efficiency and climate goals were discussed, with concerns about inflation and recession. The day concluded with a networking event in Singapore.

What was the main message conveyed by Vice President Wang Shishan regarding China's stance?

• China will seek hegemony.

• China hopes to resolve differences with the US.

• China will increase its military presence.

• China plans to isolate itself from global affairs.

What was a key topic discussed in the digital transformation section?

• The decline of traditional markets.

• The scarcity of resources for renewable energy.

• The rise of new political ideologies.

• The increase in global tourism.

How many elements from the periodic table were used in the original iPhone?

• 80

• 60

• 40

• 20

What economic issue did the central banks misinterpret, leading to a recession?

• The growth of the tech industry.

• The risk of persistent inflation.

• The impact of digital currencies.

• The risk of deflation.

What event is scheduled to start at 8:30 AM on the second day of the forum?

• A panel on renewable energy.

• A workshop on digital marketing.

• A discussion with US National Security adviser Jake Sullivan.

• A keynote speech by the President of Singapore.