CLEAN : Slow down in China growth forecasts due to zero-Covid policy says IMF director

The transcript covers a press conference involving the Chancellor and international members, discussing economic challenges and growth factors. Key issues include the impact of COVID-19 and property sector difficulties on economic slowdown. China's fiscal strategies and potential policy shifts are highlighted as measures to counteract these challenges and minimize global economic disruptions.

What was the primary focus of the Chancellor's press conference?

• Launching a new environmental initiative

• Discussing international trade agreements

• Addressing economic challenges and growth

• Announcing new educational policies

Which two factors are identified as causes for the slowdown in growth?

• Inflation and unemployment

• COVID-19 restrictions and property sector issues

• Technological advancements and automation

• Trade wars and currency fluctuations

How is China planning to counter economic pressure?

• By boosting its economy through fiscal space

• By increasing import tariffs

• By cutting down on exports

• By reducing its workforce

What policy shift is China considering regarding COVID-19?

• Implementing stricter lockdowns

• Shifting to a more targeted response

• Eliminating all restrictions

• Focusing solely on vaccination

What is the potential global impact of China's policy changes?

• Less interruption in the Chinese economy and reduced negative spillover

• A surge in global stock markets

• Higher unemployment rates worldwide

• Increased global inflation