Mizuho Economist Says Trade War Major Risk to China, U.S.

The video discusses the impact of seasonal factors on Chinese trade, highlighting challenges such as the Chinese New Year and previous year's effects. It examines the global economic outlook, noting improvements in the US and emerging markets, and the challenges China faces with rising labor costs. The discussion shifts to trade protectionism, emphasizing the risks of a trade war between China and the US, and the measures China is taking to maintain currency stability. Historical trade frictions are compared, and the potential for a new Plaza Accord is considered.

What seasonal factor is mentioned as affecting Chinese trade figures?

• Diwali

• Easter

• Thanksgiving

• Chinese New Year

Which market is identified as China's largest export destination?

• United States

• Brazil

• Russia

• India

What is the expected growth rate of Chinese imports compared to exports?

• 20% higher

• 10% higher

• 5% higher

• 15% higher

What is a major risk for China in the context of global trade?

• Rising labor costs

• Trade protectionism

• Currency depreciation

• Decreased domestic demand

What historical agreement is mentioned in relation to US-China trade relations?

• Kyoto Protocol

• NAFTA

• Plaza Accord

• Bretton Woods Agreement

What is the psychological threshold for China's foreign exchange reserves?

• Two trillion USD

• Three trillion USD

• One trillion USD

• Four trillion USD

Why does China aim to maintain a stable currency?

• To increase exports

• To reduce labor costs

• To attract foreign investment

• To ensure financial stability