Standard Chartered Feels 'A Sluggishness' in Global Economy: CEO

Standard Chartered Feels 'A Sluggishness' in Global Economy: CEO

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of US-China trade tensions on business, noting that while the tensions have not significantly affected the business yet, they are causing a reconfiguration of supply chains. The economic impact is real, with signs of sluggishness in the global economy. The bank is focusing on long-term strategies, betting on the opening up of China and its economic influence on Asia, the Middle East, and Africa. Despite concerns about a potential economic downturn, the bank remains confident in its growth prospects.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways is the US economy described as strong despite the pressures mentioned?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies is the bank employing to adapt to the changing economic landscape?

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