CHINA: ECONOMY PRESS CONFERENCE

The video discusses the significance of a famous venue in Beijing, the impact of capital restrictions on businesses, and how foreign direct investment mitigates currency risks. It highlights the undervaluation of the Euro and its subsequent appreciation, confirming predictions. The video also covers the reduction in non-performing loans and forecasts economic growth of 7-8% with stable prices, ensuring RMB exchange rate stability.

What is one of the main reasons businesses face reduced risk in currency exchange losses?

• High inflation rates

• Lack of foreign investment

• Foreign direct investment

• Unstable RMB exchange rate

What was the speaker's prediction about the Euro?

• It would remain stable

• It was undervalued

• It was overvalued

• It would depreciate further

By how much did non-performing loans decrease according to the speaker?

• Twenty percentage points

• Fifteen percentage points

• Five percentage points

• Ten percentage points

What is the expected economic growth rate mentioned in the video?

• 9% to 10%

• 7% to 8%

• 5% to 6%

• 3% to 4%

What is the state of inflation according to the speaker?

• High

• Moderate

• Unpredictable

• Low