China’s Economy Slows to Weakest Pace Since 2009 Amid Trade War

China’s Economy Slows to Weakest Pace Since 2009 Amid Trade War

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Business

University

Hard

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China's GDP is under strain due to infrastructure challenges, a rising budget deficit, and global economic cooling. The government is increasing spending on rail projects and targeting a higher budget deficit. A trade war has impacted exports, and domestic consumer spending is weak. Beijing plans further tax cuts and measures to boost purchases, aiming to balance stimulus amid a tense US-China relationship.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the three tenets of GDP that are under strain in China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the government of China planning to address the budget deficit?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact has the trade war had on China's exports?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being considered to boost consumer spending in China?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does China face in the context of its relationship with the US?

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