Brookings Institution's Dollar on China Economy

Brookings Institution's Dollar on China Economy

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Interactive Video

Business

University

Hard

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The video discusses the uncertainty in China's economy following the rapid exit from the COVID-0 policy. It highlights the negative economic data from 2022 and the potential for a bumpy transition. Optimistically, the situation may stabilize by late spring, boosting consumption. The Central Economic Work Conference suggests a shift away from traditional fiscal stimulus, focusing more on the private sector. Pragmatism is evident in China's response to economic challenges, including government debt and overbuilt infrastructure. The US-China relationship is strained, impacting China's tech ambitions. China's global ambitions, particularly the Belt and Road Initiative, are also affected by financial difficulties.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the uncertainty in the Chinese economy in 2023?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the change in the COVID policy impact the economic situation in China?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the recent central Economic Work Conference in terms of fiscal stimulus?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways is the relationship between the US and China affecting China's economy?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of China's participation in new trade agreements for its economy?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How is China's Belt and Road Initiative being affected by its current economic challenges?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What pragmatic adjustments is China making in response to its internal and external economic situations?

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