China’s Economy Slows to Weakest Pace Since 2009 Amid Trade War

China’s Economy Slows to Weakest Pace Since 2009 Amid Trade War

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Business

University

Hard

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China's GDP is under strain due to infrastructure challenges, a rising budget deficit, and global economic cooling. The government is increasing spending on rail projects and targeting a higher budget deficit. A trade war has impacted exports, and domestic consumer spending is weak. Beijing plans further tax cuts and measures to boost purchases, aiming to balance stimulus amid a tense US-China relationship.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of economists in China regarding government spending?

Defense

Education

Infrastructure

Healthcare

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What change did Beijing make to its budget deficit target?

Decreased to 2.4%

Increased to 2.8%

Increased to 3.0%

Maintained at 2.6%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor is contributing to the unexpected contraction in China's exports?

Technological advancements

Increased foreign investment

Trade war

Rising domestic demand

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the policies Beijing is considering to boost the economy?

Implementing tax cuts

Expanding military spending

Reducing interest rates

Increasing import tariffs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key challenge in implementing economic stimulus in China?

Increasing export tariffs

Expanding the labor force

Balancing stimulus dosage

Reducing foreign debt