Fenby: Period of Confusion, Uncertainty for China Economy

Fenby: Period of Confusion, Uncertainty for China Economy

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Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses China's current economic policy confusion under Xi Jinping's leadership, highlighting the takeover of economic control by the Communist Party. It explores China's ability to leapfrog advanced economies in finance and technology, despite challenges in original innovation. The potential for a financial crisis due to growing nonperforming loans is examined, along with China's systemic impact on the global economy. The transcript concludes with a discussion on China's policy options and assets to maintain economic stability.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the Chinese government face in maintaining economic growth?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are Chinese entities leapfrogging advanced economies?

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