China Inflation Slows to 5-Year Low

The video discusses China's economic situation, focusing on deflation at the factory gate and its impact on wholesale prices (PPI) and consumer prices (CPI). It highlights the slowest retail price rise in five years and the potential for monetary easing. The discussion includes the effects of falling oil and metal prices on China's factories and export prices, raising concerns about deflation. Chinese leaders are meeting to set economic policies, with a focus on managing slower growth and setting new GDP targets, possibly as low as 7%. The concept of a 'new normal' in economic growth is also explored.

What economic indicator has shown deflation for 33 consecutive months in China?

• Retail Sales Index

• Consumer Price Index (CPI)

• Producer Price Index (PPI)

• Gross Domestic Product (GDP)

What is a potential consequence of deflation in China's economy?

• Increased risk of debt issues

• Higher export prices

• Increased consumer spending

• Rapid economic growth

What term has been used by Xi Jinping to describe the current economic phase in China?

• Economic Boom

• New Normal

• Growth Surge

• Financial Crisis

What has been the official GDP growth target set by China in recent years?

• 7%

• 6%

• 7.5%

• 8%

When is the new growth target expected to be announced by the Chinese government?

• In the first quarter

• During the National People's Congress

• At the end of the year

• At the Central Work Committee meeting