Worry Over Xi Spurs Record Selloff of China Stocks in US

Worry Over Xi Spurs Record Selloff of China Stocks in US

Assessment

Interactive Video

Business

University

Hard

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The video discusses the market's reaction to President Xi Jinping securing a third term, highlighting a significant decline in the Golden Dragon Index, which has returned to 2012 levels. Investors are concerned about the lack of market-oriented reformers in the government and the direction China is taking. The video also explores the alignment of investment objectives with government goals like common prosperity and dual circulation. It questions whether the government will intervene to stabilize the market, as it did in March, and whether policy changes, particularly regarding COVID, will occur.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the objectives mentioned that investors need to consider in relation to their investment goals?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions did Vice Premier Liho take during the Chinese stock sell-off, and what was the market's response?

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