Moody's Analytics' Ell on Global Economy

Moody's Analytics' Ell on Global Economy

Assessment

Interactive Video

Business

University

Hard

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The video discusses China's economic strategies, focusing on its GDP growth target of 5% for the year, aiming to surprise on the upside by banking on domestic demand amidst global slowdowns. It examines the easing of supply chain stress and modest inflationary pressures, predicting a global cooling of inflation. The video also highlights China's fiscal policy, with a projected fiscal deficit of 3% of GDP, and the need for ongoing support for the property market. Finally, it explores the positive impact of China's reopening on economies like Australia, particularly in education and tourism sectors.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the GDP growth target set by China for this year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the expected slowdown in the US and Europe impact China's economy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does domestic demand play in China's economic strategy?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the projected fiscal deficit for China as a proportion of GDP this year?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How might China's reopening affect economies reliant on it, such as Australia?

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