China's Economy Isn't Back to Normal Yet

The transcript discusses China's economic recovery, highlighting the patchy return to work, challenges in logistics, and energy consumption. It also covers the credit markets, noting the busy corporate debt market and underlying risks, especially for private firms. The discussion includes the impact of the coronavirus outbreak on the economy and credit markets, with a focus on defaults and stress debt levels.

What percentage of the economy was estimated to be running at normal capacity as of last week?

• 50%

• 60%

• 90%

• 80%

Which indicator is closely watched to assess electricity demand?

• Oil consumption

• Solar energy production

• Daily coal use by coastal power plants

• Natural gas usage

What was notable about China's corporate debt market in February?

• It was insulated from global trends

• It saw a decrease in liquidity

• It had the lowest activity on record

• It experienced its busiest month on record

What is the market preference in China's credit market?

• Issuances by private firms

• Issuances by foreign companies

• Issuances by small businesses

• Issuances by financial institutions and public firms

What could a record high in the value of China dollar bonds indicate?

• Improved economic stability

• Expanding risk

• Stable market conditions

• Decreasing risk