6% Growth 'Manageable' for China, Professor Pettis Says

6% Growth 'Manageable' for China, Professor Pettis Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses China's GDP growth targets, emphasizing the importance of quality growth over numerical targets. It explores the dual circulation policy aimed at boosting domestic consumption and highlights the challenges of income redistribution. The discussion also covers the long-standing debt issues in China and the need for political and economic reforms to sustain growth. Finally, the video examines the gradual opening of China's capital markets and the potential risks associated with increased foreign investment.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the GDP target mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the quality of growth impact the economic strategies discussed?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of a 6% GDP growth target compared to an 8% target?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does China face in increasing household consumption?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the dual circulation model aim to drive growth in China?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the relationship between household income growth and GDP growth as mentioned in the text.

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential risks associated with opening up capital markets in China?

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