China Says More Stimulus Coming as Economy Faces Downward Pressure

China Says More Stimulus Coming as Economy Faces Downward Pressure

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Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses China's current economic challenges, including increased downward pressures and disappointing PMI data. It highlights the Chinese government's policy responses, such as tax cuts and regulatory relief, which have not significantly improved investor confidence. The discussion includes predictions for 2019, suggesting more aggressive policy measures may be needed, including potential tax cuts and easing property curbs. Moody's Analytics notes the difficulty of balancing growth with debt management, indicating China's economic strategy is at a critical juncture.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do China's policymakers view the need for an aggressive approach to economic management?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Moody's Analytics highlight regarding China's economic growth and debt management?

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