China's Economy Accelerated for a Second Straight Quarter

China's Economy Accelerated for a Second Straight Quarter

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses China's economic performance, highlighting a 6.9% GDP growth in Q1, the highest since 2015. It examines risks like real estate and capital outflows, which have eased, and the US-China trade relationship. Key growth drivers include investment and exports. Retail sales, fixed asset investment, and industrial production exceeded expectations, suggesting continued growth. The PBOC may adjust rates in response. Long-term concerns include reliance on investment and shadow banking. Overall, the Chinese economy shows strong momentum.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the future growth momentum in the Chinese economy?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions might the PBOC take in response to the stronger economic numbers?

Evaluate responses using AI:

OFF