Economists Turn More Downbeat on China's Growth Outlook

Economists Turn More Downbeat on China's Growth Outlook

Assessment

Interactive Video

Business

University

Hard

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The video discusses the latest economic survey on China, highlighting a GDP growth of 5.1% in 2023, which is above the government's target but lower than initial projections. Economists note downgrades in major economic indicators, including exports and CPI. Speculation arises about potential policy changes, such as a triple R cut, to address economic challenges. Despite previous rate cuts, further measures may be needed to stimulate growth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for future policy rate cuts before the end of the year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How have previous rate cuts affected the current economic situation in China?

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