Enodo Economics' Choyleva Says Beijing Determined to De-Risk Financial Sector

Enodo Economics' Choyleva Says Beijing Determined to De-Risk Financial Sector

Assessment

Interactive Video

Business

University

Hard

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The video discusses China's efforts to derisk its financial sector, highlighting the reduction in interbank borrowing and lending. It explores potential risks of policy mistakes leading to financial volatility. The narrative shifts to China's economic rebalancing towards consumer spending, driven by e-commerce and rural spending. The speaker notes a positive change in China's economic strategy, emphasizing the importance of consumer spending as a growth driver.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has consumer spending become a structural growth driver in China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What structural changes have occurred in China's economy to support consumer spending?

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