China Doesn't Want to Weaponize Yuan as It Could Backfire, Prasad Says

China Doesn't Want to Weaponize Yuan as It Could Backfire, Prasad Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the complexities of the US-China trade war, focusing on currency dynamics, economic conditions, and reform challenges. It highlights the ideological and economic conflicts between the two nations, the implications of tariffs, and China's strategic responses to maintain growth while managing financial risks.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two objectives that the PBOC is trying to achieve regarding the currency exchange rate?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the term 'impossible Trinity' refer to in the context of Beijing's economic efforts?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the trade war affected China's reform agenda according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text describe the US approach to tariffs in relation to its allies?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of the US tariffs on both the US and Chinese economies?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could the trade conflict disrupt supply chains according to the discussion?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the risks associated with a credit-fueled expansion in China as mentioned in the text?

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