Economic growth shows signs of weakening as inflation rises

The video discusses the current global economic challenges, highlighting the deteriorating conditions in Western economies and the slowing growth in Asia and emerging markets. It emphasizes the impact on Hong Kong's external demand and export performance. The video also notes the monetary policy adjustments in Asia and the potential for these regions to stabilize the global economy, provided the European debt crisis does not worsen.

What is the current economic outlook for Europe as discussed in the video?

• Bleak with increasing risks

• Unchanged from last year

• Promising and stable

• Rapidly improving

What has been the impact of the growth slowdown in Asian and emerging economies on Hong Kong?

• Stable external demand

• No impact on external demand

• Increased external demand

• Decline in external demand

What measures have many Asian economies taken to address economic challenges?

• Reduced government spending

• Implemented trade barriers

• Eased monetary policies

• Increased taxes

What is the potential role of mainland China in supporting economic growth?

• Significant policy space

• No policy space

• Limited policy space

• Negative policy space

What condition is necessary for Asia to stabilize the global economy?

• Worsening of the European debt crisis

• Ignoring the European debt crisis

• Stability in the European debt crisis

• Complete resolution of the European debt crisis