
China’s Growth Is Going to Stabilize From Here, Says UBS’s Wang
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Business
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University
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Hard
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The transcript discusses China's economic performance, highlighting a better-than-expected Q1 growth of 6.4%. The property market and consumer confidence have improved due to credit easing and positive trade deal prospects. Despite a slight dip in PMI, industrial production remains in expansionary territory. Stimulus measures, including tax cuts and infrastructure investments, are expected to bolster the economy. The main drivers of GDP growth in 2019 are government stimulus and improved trade relations, offsetting trade conflict headwinds.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
In what ways is the Chinese economy still reliant on stimulus measures?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the expected trends in industrial production numbers for April and May compared to March?
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