China Economy to Face 'Double Dip' This Year: Macquarie's Hu

China Economy to Face 'Double Dip' This Year: Macquarie's Hu

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the economic factors influencing the strong rebound in the first quarter, driven by tax cuts and stimulus. However, a slowdown is expected in April due to stimulus tapering and other factors. The discussion highlights the unsustainable nature of the initial recovery and anticipates a potential double-dip recession. The role of monetary and fiscal policies in maintaining economic stability is examined, with expectations of policy adjustments in response to ongoing trade talks.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the future of stimulus policies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What indicators are mentioned that could reflect the broader economic situation later this year?

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