PRC's Gao Says Softer Housing to Be a Drag on China GDP

PRC's Gao Says Softer Housing to Be a Drag on China GDP

Assessment

Interactive Video

Business

University

Hard

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The video discusses the trends in China's housing market, focusing on third-tier cities experiencing growth despite a slowdown in first and second-tier cities. It highlights government interventions, such as buying idle apartments, and their diminishing effects. The correlation between housing transactions and consumption growth is explored, with predictions of a softer GDP due to slowing housing transactions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the relationship between housing transactions and investment growth in China.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of a softer housing market on GDP growth in China?

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