China's Desperately Looking for a Deal With Trump, Economist Lee Says

China's Desperately Looking for a Deal With Trump, Economist Lee Says

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Interactive Video

Business, Social Studies

University

Hard

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The video discusses the global economic slowdown and its impact on traditional economic models, particularly focusing on the Federal Reserve's concerns. It highlights the significant role of China's economic slowdown on global supply chains and GDP growth, especially in Europe. The discussion also covers China's economic strategy, including their reluctance to use traditional stimulus methods due to high leverage and defaults. Finally, it examines the potential contagion risks associated with Chinese defaults, particularly those linked to state-owned enterprises, and the measures taken to contain these risks.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential effects of a global slowdown on GDP growth in the United States?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the China incident changed our understanding of global supply chains?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised regarding defaults in China and their impact on global markets?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are the defaults in China linked to state-owned enterprises?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies might China employ to contain economic defaults?

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